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17. credit cards that offer flashy rewards like airline miles often... …

Question

  1. credit cards that offer flashy rewards like airline miles often... charge a high annual fee dont include protection against fraud cant be used for personal expenses have no interest fees 18. which is an example of an appreciating asset? a computer used for business purposes. a piece of farming equipment. a new car purchased within the past 6 months. a home. 19. when you buy with credit, you typically spend more than you would with cash or a debit card. true false 20. predatory lenders get their negative reputation from... discreetly selling personal bank information limiting the amount of time a borrower has to use a loan taking advantage of people during the great depression charging high fees for loans and targeting desperate people

Explanation:

Brief Explanations
  1. Credit cards with flashy rewards like airline miles often come with a high annual fee to cover the cost of those rewards.
  2. A home is typically an appreciating asset over the long - term as property values often increase. Computers, farming equipment, and new cars usually depreciate.
  3. When using credit, people tend to spend more because they are not immediately parting with physical cash, which can lead to a false sense of affordability.
  4. Predatory lenders are known for charging high fees for loans and targeting people in desperate financial situations.

Answer:

  1. Charge a high annual fee
  2. A home
  3. True
  4. Charging high fees for loans and targeting desperate people