Credit Counseling Services Visit and review the websites for three to five major credit counseling services, including the National Foundation for Consumer Credit (www.nfcc.org). What services are provided? How are they provided, in person, by telephone, by Internet? What costs, if any, are involved? What information is available to help someone with credit problems? Choose […]
How long will it take for Mark get his balance to $0? (Use the interest calculator linked above.) What strategies should Mark use to pay off the card sooner?
Unit 2 – Individual Project Finance Mark has a credit card with a $5,000 balance. His interest rate is 19%, and the credit card company requires a minimum 2% payment, this is $100 per month. This interest calculator will show how much total interest Mark will pay. Write a short paper (300–500 words) that answers […]