Context 6 - Credit Cards 3

Last updated over 1 year ago
7 questions
Note from the author:
MMR Resources
1

Why is the interest to principal ratio helpful to understand the cost of paying off a credit card?

1

Why is an amortization table helpful to understand the cost of paying off a credit card?

1

What is a better strategy to pay a percentage of your balance or to pay a fixed amount? Explain.

1

What do you think are some good strategies for paying off debt? Explain.

1

What do you think are some bad strategies for paying off debt? Explain.

1

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?

1

What are some strategies to help you pay off credit card debt?