Question

While ALL the information in a Schumer Box is important, which items do you think matter most on a day-to-day basis?

Answer 1

Answer:

The most important information is: financial charges, annual fees, minimum payments and how the balance is calculated.

Explanation:

A Schumer Box is a table where the credit card companies disclose all the terms and conditions necessary to make a contract with them, as well as disclose all fees, charges, balances and elements that make up the credit card.

All information shown on a Schumer Box is important, but the most important is that which deals directly with the customer's money or balance. This information is: financial charges, annual fees, minimum payments and how the balance is calculated.