Different Types of Credit EXAMPLE EXERCISES 1. Describe proper use of a credit card or...

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Different Types of Credit EXAMPLE EXERCISES 1. Describe proper use of a credit card or revolving credit account. 2. What are some of the dangers of predatory lenders? Give at least 3. 3. What are the reasons to have credit or debt? Give at least 3. 4. Describe the differences between the two major types of student loans. 5. Why might someone choose a fixed-rate mortgage instead of an adjustable-rate mortgage

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