ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Bradley’s
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The Eggleston’s
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The Widlund’s
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The Simpson’s
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Detailed explanation-1: -When they began, Sally and Dan had 12 credit cards, which were all were maxed out. By calling and writing letters to credit card companies, the Egglestons got reduced interest rates for 11 out of 12 cards, which saved them $15, 000 in interest payments.
Detailed explanation-2: -Back in 2006, Oprah Winfrey presented her viewers with Oprah’s “Debt Diet.” an eight-step program designed to help people evaluate, control, and eventually eliminate the amounts they owed on bills, credit cards, and other loans.
Detailed explanation-3: -Debt Diet Step 2: Track your spending and find extra money to pay down the debtEdit. Cut back on daily extras and find savings where you least expect them. Track Your Spending: This is a multi-part step.
Detailed explanation-4: -Step # 1: Determine Exactly How Much Debt You Have. Step #2 : Eliminate Unnecessary Expenses. Step #3: Learn About the Credit Cards You Have. Step #4: Learn to Cut Back on Your Spending Habits. Step # 5: Develop a Monthly Spending Plan. Step #6: Develop Ways to Increase Your Income. More items