what should a consumer review and consider when shopping for a credit card? check all that apply.\nthe down…

what should a consumer review and consider when shopping for a credit card? check all that apply.\nthe down payment that is required\nthe initial fees to open the account\nthe fees charged for late payments\nthe kind of collateral that is required\nthe annual percentage rate for the card\nthe truth in lending act disclosure

what should a consumer review and consider when shopping for a credit card? check all that apply.\nthe down payment that is required\nthe initial fees to open the account\nthe fees charged for late payments\nthe kind of collateral that is required\nthe annual percentage rate for the card\nthe truth in lending act disclosure

Answer

Answer:

  • The initial fees to open the account
  • The fees charged for late payments
  • The annual percentage rate for the card
  • The Truth - in - Lending Act disclosure

Brief Explanations:

When choosing a credit card, initial account - opening fees, late - payment fees, and the annual percentage rate affect costs. The Truth - in - Lending Act disclosure provides key loan terms. Credit cards typically don't require down payments or collateral.