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A federal law that makes discrimination in the granting or denial of credit illegal is

Personal Financial Literacy | 1st Edition | ISBN: 9780538444521 | Authors: Joan Ryan ISBN: 9780538444521 464

Solution for problem 4 Chapter 9

Personal Financial Literacy | 1st Edition

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Personal Financial Literacy | 1st Edition | ISBN: 9780538444521 | Authors: Joan Ryan

Personal Financial Literacy | 1st Edition

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Problem 4

A federal law that makes discrimination in the granting or denial of credit illegal is the .

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Chapter 8: Managing Your Credit  The easiest way to establish credit is to obtain a credit card Advantages of Credit Cards  You can purchase products and services without carrying a large amount of cash or a checkbook  As long as you pay off your balance each month, you receive free financing until the due date on your credit card statement  You receive a monthly statement that contains a consolidated list of the purchases you made with the credit card, which enables you to keep track of your spending  Sometimes receive annual statement as well Disadvantages of Credit Cards  Allows you to make purchase that you cannot afford and should not make o Gives you the opportunity to spend beyond your means  As long as yo

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Chapter 9, Problem 4 is Solved
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Textbook: Personal Financial Literacy
Edition: 1
Author: Joan Ryan
ISBN: 9780538444521

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A federal law that makes discrimination in the granting or denial of credit illegal is