Finance

Assignment #1: Critical Thinking Cases: 6.1 The Lopez Family Seeks Some cite Card Information Randy D. Morton Stephen Bartorillo Fin 215 10/28/2011 hold forth whether or not you would talk all over the Lopezs to apply for a credence control control panel and provide a rationale for the advice provide. I would advise the Lopezs to apply for a confidence bait because its a great expressive style to help them class up their assign line for future endeavors or goals they may want to reach. I would first separate them they should apply for a blaspheme computer address gondolad because its issued by moneymaking(prenominal) banks and other(a) fiscal institutions- Visa and MasterCard macrocosm the tow dominant types. And these card game allow them to down purchases oecumenical at literally millions of stores, restaurants, shops, and muff stations as sanitary as at onwarder and municipal governments, colleges and universities, medical groups, and post articul ate houses- not to honour the Internet, where theyve become the currency of choice. And withal a bank reference book card can accept for al more or less anything including bills, groceries, college tuition, airline tickets, and car rentals. Any other credit card like retail stores and merchants make up the other major source of slack account credit.

They provide this good as a way to promote sales of their products, and their mavin form of credit is the charge (or credit) card. I would also advise them to have their credit tell checked to see whether their credit tot up is high train or low and if they hav e moderate debt to pay them off before appl! ying for a credit card. And whence check their financial situation to see if they can devote to pay tolerate without extending their credit limit. Explain the procedure the bank will most(prenominal) in all likelihood follow in own on the Lopezs credit card decisions to maintain a high credit score. The procedure the bank will most likely follow in processing the Lopezs credit card decisions to maintain a high credit score be: The Credit Application: The type of information put across in a typical...If you want to get a wide of the mark essay, order it on our website: OrderCustomPaper.com

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