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Amdm Unit 6 Finance Form

Amdm Unit 6 Finance Form

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okay so this topic is about credit card offers and what you should be aware of in determining which is the best credit card for you so credit card issuers are required to disclose the terms and fees of credit cards in an easyto read box called your Schumer box um most of you guys can um get more information about the Schumer box through the Federal Reserve uh as they created a new act back in 2009 so when you're looking at a credit card offer credit cards May charge many different types of interest rates your annual percentage rate first you want to look for is what you would have for purchases um so that's how much you would charge for anything that you um purchase um multiple interest rates may be listed your final interest rate may depend upon your creditworthiness of the applicant U First you want to look and see if it's a fixed versus a variable APR fixed rate APR cannot change during the period of the time outlined in your credit card agreement a variable

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