Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options with you one night and she narrows it down to either putting her college education on your parents’ credit card or taking out a student loan. Which one would you suggest and why?Anna then tells you a story about her friend, Chad. Chad has a Target credit card that he opened a few months ago. The other day he tried to use his credit card to buy popcorn at the movies, but it was denied. Explain to your sister why this happened.

Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options with you one night and she narrows it down to either putting her college education on your parents’ credit card or taking out a student loan. Which one would you suggest and why?Anna then tells you a story about her friend, Chad. Chad has a Target credit card that he opened a few months ago. The other day he tried to use his credit card to buy popcorn at the movies, but it was denied. Explain to your sister why this happened.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter6: Building And Maintaining Good Credit

Section: Chapter Questions

Problem 2FPC

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