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IgorC [24]
3 years ago
6

Which of these factors should consumers research first when they receive a credit card offer with a low introductory

Business
2 answers:
Ket [755]3 years ago
7 0

Answer:

Hi your question lacks the options here is the complete question

Which of these factors should consumers research first when they receive a credit card offer with a low introductory rate? A) the APR after the introductory period expires B) the cash advance features offered by the bank C) the type of card, such as secured, regular, or premium D) the availability of special programs, such as "cash back" programs

the answer is The APR after the introductory period expires ( A )

Explanation:

The APR ( the annual percentage rate ) is an annual rate charged on a borrowing facility or earned on an investment. such borrowing like loans, credit cards, mortgage loans. this is usually charged every year and not monthly. the APR on a credit card should be considered seriously before accepting a credit card with low introductory cost because introductory cost comes as a one time payment but APR comes as a yearly cost and if not checked will be a huge burden to be paid by the card holder.

The cash advance features offered by a bank is not important because it tends to still put the cardholder in more debt when used.

4vir4ik [10]3 years ago
6 0

Go on creditkarma if you have a low score talk to a Bank agent at your selected bank. I also recommend doing some research on google as well.

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4 0
3 years ago
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Answer:

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