People typically use credit as a way to pay for goods and services that cost more than they can afford to take from their current income. Whatever their age group, people tend to borrow for several major reasons. Which of the following is out of those reasons?

One can avoid the possibility of future repayment socks by keeping in mind the some types of transactions for which you should not generally use credit. Which of the following is Not out of those transactions?

Lenders often look the 5 C's of credit as a way to assess the willingness and ability of a borrower to repay a loan. Those 5 C's are all of the following Except:

Sound financial planning dictates that you need a good idea of how much credit you can comfortably tolerate. One can do some measures to build a strong credit history. Which of the below mentioned points can be out of those measure?

Consider someone who takes home $2500 a month. Using a 20% ratio, he/she should have monthly consumer credit payments of no more than $500 i.e., $2500*0.20= $500. This is the _________ amount of her monthly disposable income that she should need to pay off both personal loans and other forms of consumer credit.

Cash advance is:

A short period of time, usually 20 to 30 days, during which you can pay your credit card bill in full and not incur any interest charges, is:

It is a bank credit card that combines features of a traditional bank credit card with an additional incentive, such as rebates and air mileage.

About half of the credit cards are rebate cards, and new cards are introduced every day. In one credit card incentive program card holder earn free frequent flyer miles for each dollar charged on his/her credit card. These frequent flyer miles can then be used with airline-affiliated programs for free tickets, first --class upgrades, and other travel related benefits. This program is a/an: