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June 11
Jun 11, 2007 8:49:59 GMT -5
Post by ;) Vizthum on Jun 11, 2007 8:49:59 GMT -5
Today more people are in debt then the past. Fewer people have savings, which means that people have to wait longer to retire. One reason for this is the frequent use of credit cards. Use a search engine or the following websites to research these credit card questions. www.themint.org/owing/advantages.phpwww.pbs.org/wgbh/pages/frontline/shows/credit/1. Write 3 advantages of credit cards. 2. Write 3 disadvantages of credit cards. 3. Should you sign up for a card that charges an annual fee? Explain. 4. Some people think more is always better. Do you want a high interest rate on a credit card or a low one? Explain. 5. What happens if you do not pay the payment on time? 6. Why should you investigate the regular interest rate of the card along with the introductory offer? 7. I paid how Much? Write the answers to the 2 questions on the web page. 8. Calculate: You paid much more for the $2000 worth of items because you paid them off, over a long time. Write as a percentage how much more you paid. 9. What is Your Credit Card I.Q.? Write your score. 10. Write four questions to ask yourself before buying something on a credit card. 11. Do What Kind of Spender Are You? Write your result. www.themint.org/spending/whatkindofspender.php12. What factors go into calculating a credit score? www.pbs.org/wgbh/pages/frontline/shows/credit/more/scores.html 13. Things are slow at work. You get 5 less hours this week. You are short when your car payment is due. You pay it a week later. How will this impact your credit card's default interest rate? www.pbs.org/wgbh/pages/frontline/shows/credit/more/fineprint.html 14. Take the Spending Challenge. How did you do? www.themint.org/owing/spendingchallenge.php
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June 11
Jun 11, 2007 11:09:39 GMT -5
Post by LUHV MACHINE on Jun 11, 2007 11:09:39 GMT -5
♥ i LUH `V YOOH
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June 11
Jun 11, 2007 11:22:22 GMT -5
Post by galin on Jun 11, 2007 11:22:22 GMT -5
1.you can biuy stuff and use your credit card,people make fake cards 3.yes,because you get money for it. 4.I would want to pay low so i wont a lot of money 5.you have to pay 40 dollars 6.so you can no the answer 7. 8.30% 9.80% 10.how much does it cost,is it worth it,do i really need this item,im sure ill use it 11.i buy stuff i only need 12.money 13.high 14.alright
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June 11
Jun 11, 2007 11:23:10 GMT -5
Post by Tamia Leavell on Jun 11, 2007 11:23:10 GMT -5
1. Emergencies are good to use a credit card. You can begin to build a good credit rating for yourself. The company will then stop accepting any charges on your card when your card is stolen. 2. You have to pay what you put on your credit card. If you put a lot of money into your credit card you will be in debt. It will take a long to get out of debt. 3. No, because you could be paying a big annual fee. 4. 5. It could become a problem and lead to other problems like bankruptcy. 6. You should investigate it so you know how much the rate is along with the introductory offer. 7.
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June 11
Jun 11, 2007 11:27:33 GMT -5
Post by MAURiCESA on Jun 11, 2007 11:27:33 GMT -5
♥ A MiSTA ViZTHUM i AM GOiNG TO DO THiS AT HOME iiGHT O.K.♥
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June 11
Jun 11, 2007 11:32:43 GMT -5
Post by SEDALE THOMPSON on Jun 11, 2007 11:32:43 GMT -5
1. 1.YOU DONT HAVE TO CARY MONEY 2.IF YOU LOSE IT YOU CAN REPORT IT STOLEN OR LOST 3.THAN NO ONE CAN USE IT 2. 1.YOU END UP OWING MONEY 2.YOU GET IN DEBT IF YOU CANT PAY 3.SOME PLACES DONT TAKE CREDIT CARDS 3.NO BECAUSE ANNUAL IS BY THE YEAR IT YOU PROBABLY WONT BE ABLE TO PAY IT 4.YOU WANT LOW INTEREST RATES SO YOU PAY LESS 5.IF YOU DONT PAY ON TIME THEY CHARGE YOU A LATE FEE AND YOU HAVE TO PAY THE BILL YOU WERE LATE ON 6.SO YOU KNOW HOW MUCH YOUR SPENDING 7.THE PAGE DIDNT WORK 8.I GOT 4/7 9.
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June 11
Jun 11, 2007 11:34:29 GMT -5
Post by Terrel Emerson on Jun 11, 2007 11:34:29 GMT -5
1.Not paying at that time.Quick and easy. 2.Bill,might get carried away,forget about past use. 3.No it is a jip-off. 4.No I don't think it's better because you know you will have a bigger balnce after you go all out. 5.They cancel your card out. 6.Because you don't want to get more if you have more or you may want it to stay at where it is. 7.I don't know. 8.$2,336.10 9.5 10.1.Am I responsible. 2.Will I go over. 3.What do I want. 4.Will I pay the bill. 11.Thinker 12.current balance,interest rate,monthly rate 13.You will be negative. 14.$509
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June 11
Jun 11, 2007 11:34:59 GMT -5
Post by keirra v on Jun 11, 2007 11:34:59 GMT -5
1.you can spend, save, and earn money.
2.paying the creit card bill,paying money later,and losing your creditcard.
3.I dont think you should because I think afee is pay a big bill
4.I want a low one because I dont want to pay alot
5.you can go to jial
6.so nothing will be wrong.
7.I dont get the?
8.
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June 11
Jun 11, 2007 11:35:56 GMT -5
Post by Estrada Cenllase on Jun 11, 2007 11:35:56 GMT -5
- You don't have to carry money around
- If your credit card is stolen you can report it to the company
- Any other purchases after that will be stopped
2. Write 3 disadvantages of credit cards.
- When you have a credit card, it doesn't feel like your spending alot of money
- You end up owing up more than you can pay
- If you miss the due date to pay you get charged a fee
3. Should you sign up for a card that charges an annual fee? Explain.
- No, because each month you need to pay a fee, and if you can't pay off the fee then your screwed. And if you can't pay off the fee that means you can't pay off any other bill so your even more screwed.
4. Some people think more is always better. Do you want a high interest rate on a credit card or a low one? Explain.
- I should say a low intrest rate is better, since the more intrest you have the more you have to pay a month, so its better when it is low intrest rate.
5. What happens if you do not pay the payment on time?
- If you do not pay on time, you are behind on paying not only that but something else. And if you don't pay you need to pay a fee for not paying on time, which just doesn't make any sence to me.
6. Why should you investigate the regular interest rate of the card along with the introductory offer?
- You should investigate the regular intrest rate so you know how much your going to pay when you get the first bill.
7. I paid how Much? Write the answers to the 2 questions on the web page.
- The page didn't load correctly, or i didn't get the game. I mean like eight green boxes and a question mark, when I clicked the box nothing happened so I assume the web page is on crack.
8. Calculate: You paid much more for the $2000 worth of items because you paid them off, over a long time. Write as a percentage how much more you paid.
- I don't get this one Mr. V!!
9. What is Your Credit Card I.Q.? Write your score.
- I got three out of seven correctly, But the page was weird. I just pushed buttions cause there was no question.
10. Write four questions to ask yourself before buying something on a credit card.
- Do I really need this?
- Can I afford this?
- How much do I owe already?
- How many other things do I really need?
11. Do What Kind of Spender Are You? Write your result.
- I don't know what spender I am. The web page didn't load, it said 404 not found, then I found it in another link but the page ony consisted of a button the didn't do anything.
12. What factors go into calculating a credit score?
- I guess you need to know how to do mental math and stuff like that.
13. Things are slow at work. You get 5 less hours this week. You are short when your car payment is due. You pay it a week later. How will this impact your credit card's default interest rate?
- Well for starters you are broke, since you payed it late, so you had to pay more. You intrest rate probably went up or something.
14. Take the Spending Challenge. How did you do?
- The page didn't load!!! Dude that is not cool only a button shows and when I push it nothing happened.
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June 11
Jun 11, 2007 11:37:40 GMT -5
Post by cathy nguyen on Jun 11, 2007 11:37:40 GMT -5
1. You dont have to carry a bunch of cash in your wallet; If you do lose your credit card you can report it to the company and your cash is still safe; You can also learn more responsiblilty. 2. You get into debt; You can lose your credit card and lose your money; You have to pay off your debts because if you dont the bank can charge you extra money. 3. No, because you could pay an annual fee. 4. Low, because you pay less. 5. They charge more. 6. 7. 8. 9. 10. 11. 12. 13. 14.
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June 11
Jun 11, 2007 11:39:17 GMT -5
Post by cathy nguyen on Jun 11, 2007 11:39:17 GMT -5
I`ll do the rest at home :]
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June 11
Jun 11, 2007 11:39:39 GMT -5
Post by elizabeth sanchez on Jun 11, 2007 11:39:39 GMT -5
1. - Bails you out of emergencies
- Gives you time to pay
- Builds a good credit history
2. - Getting out of debt
- Carrying a balance
- Way too tempting
4. Low intrest rate is better because the higher the intrest rate the more you have to pay. 5. You need to pay a fee. 6. So that you wont be surprised when the bill comes. 9. i answered 4 out of 7 correctly 10. do i really need this? is it worth it? 11.
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June 11
Jun 11, 2007 11:40:01 GMT -5
Post by alejandra cortez on Jun 11, 2007 11:40:01 GMT -5
1)you could pay fast if u go shopping. 2) 3)
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June 11
Jun 11, 2007 11:40:24 GMT -5
Post by mayela roman on Jun 11, 2007 11:40:24 GMT -5
1a.you dont have to carry cash. b.if you lose it or stolen you can call the credit card company and report it as stolen and they will stop accepting any charges made. c.in a emergency you could use it if you dont have any cash 2a.you are in dept b.some credit cards you have to pay with interest. c.it is too tempting to buy things 3.no becuase you could pay a annual fee. 4.low because you pay less. 5.they charge more. 6. 7. 8. 9.im not done yet ill do it at home
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June 11
Jun 11, 2007 11:40:51 GMT -5
Post by Jeremy hewitt on Jun 11, 2007 11:40:51 GMT -5
1. You can buy your stuff on demand if you dont have any money,NO waiting in line,they have time to pay over a month. 2.they will take away your money if you cant pay, the will take money out of the bank fromyour acount, you will have bad credit. 3.No, because if you barley have a job you wouldnt be able to play. 4.high so it can be protected. 5.They will resort your bank acount or bad credit. 6.So you now how much you can waist. 7.$100 for the rate. 8.30% percent more. 9.60 cant resist the urge of buying stuf. 10.How much does it cost? WHen do i pay it? When does the bill come? How much is the morgage rarte? 11.Balanced one 12.How much you spend 13 your score will be bad. 14. really good 90 percent
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June 11
Jun 11, 2007 11:41:29 GMT -5
Post by Sarahi Cordero on Jun 11, 2007 11:41:29 GMT -5
1. It is good emergancy and also for going to the market and gettting a line and taking to much,or also that you can get it for fun. 2. They are things you may not like for example to much may cost you many money,
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June 11
Jun 11, 2007 11:41:50 GMT -5
Post by alan manalang on Jun 11, 2007 11:41:50 GMT -5
1. you could buy something now and pay for it later. if your card is stolen then the credit card company can report it and will disactivate it. they are good in case of emergencies. 2. some credit cards have to pay off with interest too. if you don't pay on time then you are in debt. its way too tempting to buy things because you dont have to pay for it now. 3. no because you have to pay the interest and the things that are charged to the card 4. a low one because you pay less 5. they charge a late fee 6. so you know how much you have to pay
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June 11
Jun 11, 2007 11:44:30 GMT -5
Post by Jovana Hernandez on Jun 11, 2007 11:44:30 GMT -5
1.You don't have to carry money, they can't steal your money, and if they do steal your card you can cancel it. 2.You can be broke at the time when the credit card bill comes but you still have to pay, you can get carried away, and if they steal your card they can buy alot of things and charge it on the card. 3.No, because you can pay a huge annual fee. 4.I want a low interest rate because if you take a long time to pay you have to pay more. 5.You get charged interest if you don't pay on time. 6.You need to investigate it so that you know what amount you need to pay. 7.25 months and $2,421.00 8.About 60% 9.I got 6/7 10.How much will Ipay?, Is it worth it?, Can I afford it?, Will I need it?
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June 11
Jun 11, 2007 11:44:49 GMT -5
Post by Guzman Omar on Jun 11, 2007 11:44:49 GMT -5
1) Write 3 advantages of credit cards. - YOU DON'T HAVE TO CARRY MONEY, THEY CAN'T STEAL YOUR MONEY, AND IF THEY STEAL YOUR CARD YOU CAN CANCEL IT.
2) Write 3 disadvantages of credit cards. - YOU MIGHT GET CARRIED AWAY, SECOND OF ALL YOU HAVE TO PAY A LITTLE MORE THAN THE ORIGINAL AMOUNT, AND YOU MIGHT LOSE IT AND OTHER PEOPLE CAN STEAL YOUR MONEY.
3) Should you sign up for a card that charges an annual fee? Explain. - NO, SINCE THEY'LL BE STEALING YOUR MONEY A LITTLE BIT.
4) Do you want a high interest rate on a credit card or a low one? Explain. - I WANT A LOW SINCE THE CHARGES WON'T BE AS HIGH.
5) What happens if you do not pay the payment on time? - THEY WILL CHARGE INTEREST RATE AND IT COULD RUIN CREDIT.
6) Why should you investigate the regular interest rate of the card along with the introductory offer? - SO YOU CAN SEE HOW MUH IS OFFERED.
7) I paid how Much? - 25 MONTHS AND $2,421.00
8) Write as a percentage how much more you paid. - ABOUT SIXTY PERENT.
9) What is Your Credit Card I.Q.? - 5 OUT OF 7.
10) Write four questions to ask yourself before buying something on a credit card. - HOW MUCH IT COST ? - IS IT EXPENSIVE? - CAN I AFFORD IT? - IS IT USEFUL?
11) Do What Kind of Spender Are You? Write your result. - BALANCE .
12)
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June 11
Jun 11, 2007 22:11:07 GMT -5
Post by Tamia Leavell on Jun 11, 2007 22:11:07 GMT -5
7. It would take me 25 months. It would cost me 2,421 dollars. 8. It would be about sixty percent. 9. My credit card IQ was six out of seven. 10. •Do I really need this? •Do I want to pay this on my monthly bill? •Is it worth it? •Can I use it? 11.I am a thinker on the spending challenge. 12.The factors you need to know are: current balance, interest rate, and the monthly rate. 13.Your credit score will go down and the interest rate will go up. 14.During the 16 weeks I earned 864 dollars. I spent 355 dollars on necessary expensive. That left 509 dollars to spend or save.
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June 11
Jun 12, 2007 10:47:50 GMT -5
Post by Jeremy hewitt on Jun 12, 2007 10:47:50 GMT -5
y
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June 11
Jun 12, 2007 10:52:05 GMT -5
Post by Eduardo Rangel on Jun 12, 2007 10:52:05 GMT -5
1.Not paying at that time.Quick and easy. 2.Bill,might get carried away,forget about past use. 3.No it is a jip-off. 4.No I don't think it's better because you know you will have a bigger balnce after you go all out. 5.They will resort your bank acount or bad credit. 6.So you now how much you can waist. 7.$100 for the rate. 8.30% percent more. 9.60 cant resist the urge of buying stuf. 10.How much does it cost? WHen do i pay it? When does the bill come? How much is the morgage rarte? 11.Balanced one 12.How much you spend 13.You will be negative. 14.$509
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June 11
Jun 12, 2007 10:53:37 GMT -5
Post by Belen Eneque on Jun 12, 2007 10:53:37 GMT -5
1.You don't have to carry money, they can't steal your money, and if they do steal your card you can cancel it. 2.You can be broke at the time when the credit card bill comes but you still have to pay, you can get carried away, and if they steal your card they can buy alot of things and charge it on the card. 3.No, because you can pay a huge annual fee. 4. Low intrest rate is better because the higher the intrest rate the more you have to pay. 5.You get charged interest if you don't pay on time. 6.You should investigate the regular intrest rate so you know how much your going to pay when you get the first bill. 7. 8. 9. 10. 11.Thinker 12.current balance,interest rate,monthly rate 13.You will be negative. 14.$509
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June 11
Jun 12, 2007 11:15:45 GMT -5
Post by Guzman Omar on Jun 12, 2007 11:15:45 GMT -5
12) What factors go into calculating a credit score? - HOW MUCH YOU SPEND AND IF YOU PAY IT ON TIME.
13) How will this impact your credit card's default interest rate? - THE INTEREST RATE WILL GO UP.
14) How did you do? - THE PAGE WONT APPEAR WHEN I GO TO IT. IT JUST FREZZES.
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June 11
Jun 13, 2007 11:04:09 GMT -5
Post by Sergio Cervantes on Jun 13, 2007 11:04:09 GMT -5
1.You don't have to carry money, they can't steal your money, and if they do steal your card you can cancel it. 2.You can be broke at the time when the credit card bill comes but you still have to pay, you can get carried away, and if they steal your card they can buy alot of things and charge it on the card. 3.No, because you can pay a huge annual fee. 4.I want a low interest rate because if you take a long time to pay you have to pay more. 5.You get charged interest if you don't pay on time. 6.You need to investigate it so that you know what amount you need to pay. 7.25 months and $2,421.00 8.About 60% 9.5 10.1.Am I responsible. 2.Will I go over. 3.What do I want. 4.Will I pay the bill. 11.Thinker 12.current balance,interest rate,monthly rate 13.You will be negative. 14.$509
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June 11
Jun 13, 2007 11:34:10 GMT -5
Post by Raul Ocegueda on Jun 13, 2007 11:34:10 GMT -5
1. Write 3 advantages of credit cards. - You don't have to carry any money with you - You could use it in an emergency if you dont have money with you - They cant steal your money
2. Write 3 disadvantages of credit cards. - If they steal your card they can buy things with it - You are in a debt - In some places they dont accept credit cards
3. Should you sign up for a card that charges an annual fee? Explain. - No, because you are going to have to pay each month and if you dont then thats not a good thing
4. Some people think more is always better. Do you want a high interest rate on a credit card or a low one? Explain. - I want a low interest on a credit card because the lower rate you have on your credit card the less you will pay.
5. What happens if you do not pay the payment on time? - If you do not pay the payment on time then you need to pay a fee for not paying the payment on time
6. Why should you investigate the regular interest rate of the card along with the introductory offer? - You should investigate the regular interest rateof the card so you know how much your going to pay when you get the first bill.
7. I paid how Much? Write the answers to the 2 questions on the web page. - It would take me 25 months. - It would cost me 2,421 dollars.
8. Calculate: You paid much more for the $2000 worth of items because you paid them off, over a long time. Write as a percentage how much more you paid. - I think 60%
9. What is Your Credit Card I.Q.? Write your score. - I got 6/7 correct
10. Write four questions to ask yourself before buying something on a credit card. - Do I really need this? - How much do I owe? - Can I afford this? - How much does this cost?
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June 11
Jun 14, 2007 19:02:27 GMT -5
Post by Samantha Patino on Jun 14, 2007 19:02:27 GMT -5
1. It's easier to pay with a credit card. aying with a crdit card is faster. You can buy a lot of stuff with a credit card. 2. You have to pay back for all the stuff youy used your credit card on. You could have problems with the credit card people. You can end up in debt. 3. No, because you'd have to be paying an annual fee, but if you pay an annual fee for all you're using it on, then I guess it's ok. 4. It's better to have a low interest rate because you won't have to be bothered by the credit card people. 5. You get behind on your payments and they can charge you more money. 6. You should investigate it so you know how much the interest is and what the introductory offer includes. 7. ---. 8. ---. 9. ---. 10. How much will I pay anually? Does this come with any other fees? Could they try and charge me for nothing? Would they charge me a lot per _______?
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June 11
Jun 20, 2007 11:44:25 GMT -5
Post by Diego Corona on Jun 20, 2007 11:44:25 GMT -5
1.You don't have to carry money, they can't steal your money, and if they do steal your card you can cancel it. 2.You can be broke at the time when the credit card bill comes but you still have to pay, you can get carried away, and if they steal your card they can buy a lot of things and charge it on the card. 3.No, because you can pay a huge annual fee. 4. Low interest rate is better because the higher the interest rate the more you have to pay. 5.You get charged interest if you don't pay on time. 6.You should investigate the regular interest rate so you know how much your going to pay when you get the first bill. 7. 8.8.30% 9.I got 4 out of 7 10.How much does it cost? How much will I pay monthly? How much will I pay all together? Do I really need it? 11.I had over 500 dollars to spend.
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