1) Provide 5 tips for managing credit card debt with an explanation. 2) Write 1 paragraph describing the difference between secured and unsecured debt with a situation in life that may require this type of debt. 3) Write 1 paragraph describing the 2 Credit Rating companies and what the ratings are and how they are determined. Describe 3 ways you can get a good rating or improve your credit rating.

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
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1) Provide 5 tips for managing credit card debt
with an explanation.
2) Write 1 paragraph describing the difference
between secured and unsecured debt with a
situation in life that may require this type of debt.
3) Write 1 paragraph describing the 2 Credit Rating
companies and what the ratings are and how they
are determined. Describe 3 ways you can get a
good rating or improve your credit rating.
Transcribed Image Text:1) Provide 5 tips for managing credit card debt with an explanation. 2) Write 1 paragraph describing the difference between secured and unsecured debt with a situation in life that may require this type of debt. 3) Write 1 paragraph describing the 2 Credit Rating companies and what the ratings are and how they are determined. Describe 3 ways you can get a good rating or improve your credit rating.
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