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Context 6 - Credit Cards 3
By Joshua Luckhaupt
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Last updated about 2 years ago
7 questions
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Question 1
1.
Why is the interest to principal ratio helpful to understand the cost of paying off a credit card?
Question 2
2.
Why is an amortization table helpful to understand the cost of paying off a credit card?
Question 3
3.
What is a better strategy to pay a percentage of your balance or to pay a fixed amount? Explain.
Question 4
4.
What do you think are some good strategies for paying off debt? Explain.
Question 5
5.
What do you think are some bad strategies for paying off debt? Explain.
Question 6
6.
Go to this site and read the bottom of the webpage.
Do you think the website is a trusty worthy source of credit card recommendations?
Question 7
7.
What are some strategies to help you pay off credit card debt?
