lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to…

lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. she has to decide whether to use a credit card or to finance the bike through the store. which questions should lakesha answer before making her decision? check all that apply.\n\nwill this cause my bank account to have a negative balance?\nwhat is the difference in the finance charges for the two choices?\nhow much will the bike cost when adding the finance charges to the price?\nshould i talk to a consumer credit counseling service?\ncan i pay at least the minimum payment each month?\nwill i be able to make the payments and avoid late fees?

lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. she has to decide whether to use a credit card or to finance the bike through the store. which questions should lakesha answer before making her decision? check all that apply.\n\nwill this cause my bank account to have a negative balance?\nwhat is the difference in the finance charges for the two choices?\nhow much will the bike cost when adding the finance charges to the price?\nshould i talk to a consumer credit counseling service?\ncan i pay at least the minimum payment each month?\nwill i be able to make the payments and avoid late fees?

Answer

Brief Explanations:

  1. Since she's not using a debit - card, bank account balance negativity is not relevant.
  2. Comparing finance charges helps in cost - effective decision.
  3. Knowing the total cost with finance charges is important for budgeting.
  4. Consumer credit counseling can provide expert advice.
  5. Ability to pay minimum monthly is crucial for credit standing.
  6. Avoiding late fees is important for financial health.

Answer:

B. What is the difference in the finance charges for the two choices? C. How much will the bike cost when adding the finance charges to the price? D. Should I talk to a consumer credit counseling service? E. Can I pay at least the minimum payment each month? F. Will I be able to make the payments and avoid late fees?