Introduction
The purpose of this assignment is to investigate financial purchasi
Introduction
The purpose of this assignment is to investigate financial purchasing decisions related to credit cards.
This assignment fulfills:
Module Objective 2: Analyze advantages and disadvantages of using consumer credit.
1.) How might a college student develop debt problems associated with credit cards?
2.) What types of things should students consider before using their credit cards?
3.) It is often easy to obtain a credit card. However, a newer law has expanded protection for students. What is the name of this new law that helps to protect students from credit card marketing? What is the name of this relatively new law/act that helps to protect students from credit card marketing? Indicate the name of the law and summarize the main details. Hint: This Act is mentioned in your textbook but additional research may be required. (Be sure to cite your source).
4.) Where do students turn for help when they get into debt trouble? What types of services do these agencies offer? Hint: You should mention two (2) agencies and summarize their services.
5.) Based upon your own experiences with credit cards, what advice would you offer a college student who has just received his or her first credit card? Using the video, pick one method that might help a college student and tell the student how it works.
Acceptable Length
Acceptable Length: 400-700 words, double-spaced, Times Roman 12-point font.
Answer all questions completely using a writing format like an essay (paragraph), not questions and answers (Q&A). Do not retype any questions.
Save the file as: Last NameFirst Initial_M2 Written 1 (Example: JonesC_M2 Written)
Formatting Requirements
Include your name, the assignment name, and your course and section number at the top left corner of the paper.
Use Times New Roman Font, Size 12.
Use double spacing in your document.
Type all of your answers in essay (paragraph format).
Make sure to include a list of all sources (formatted in MLA 8 style) at the end of your paper. Cite sources throughout your paper using MLA style. **Assignments without a reference list will not be graded.***