Tell us which statements about credit cards are correct.ġ.
Josh always mails the coupon and payment by the first of the month.Īccording to full proof and most consumer groups, credit cards have a huge and usually negative impact on a young persons ability to budget and save. Each month's payment is due by the 10th of the month. Josh has a 36 month loan for his new truck. One time she was more than 30 days late.Ĥ. But on three months, she sent her payment after the due date because she had not yet received her biweekly paycheck from her part-time job. So far she has made the payment each month. Her monthly payment is due by the 15th of each month. Tamra's parents co-signed a car loan for her new wheels. Carlos faithfully pays those bills on the second of the next month when he gets paid.ģ. The gas and electric bills are usually due on the 25th of the month. Carlos moved into his own apartment about a year ago. Susan missed about eight weekly payments but managed to pay her grandmother the whole amount by the end of the 30 weeks.Ģ. Susan borrowed $300 from her grandmother to buy an iPad and promised to pay $10 a week for 30 weeks until the loan was paid back. Which of the following people has paid on time, important requirement in credit agreements?ġ.
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