1) Provide 5 tips for managing credit card debt with an explanation. 2) Write 1 paragraph describing the difference between secured and unsecured debt with a situation in life that may require this type of debt. 3) Write 1 paragraph describing the 2 Credit Rating companies and what the ratings are and how they are determined. Describe 3 ways you can get a good rating or improve your credit rating.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter13: Other Financing Alternatives
Section: Chapter Questions
Problem 12DQ
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1) Provide 5 tips for managing credit card debt
with an explanation.
2) Write 1 paragraph describing the difference
between secured and unsecured debt with a
situation in life that may require this type of debt.
3) Write 1 paragraph describing the 2 Credit Rating
companies and what the ratings are and how they
are determined. Describe 3 ways you can get a
good rating or improve your credit rating.
Transcribed Image Text:1) Provide 5 tips for managing credit card debt with an explanation. 2) Write 1 paragraph describing the difference between secured and unsecured debt with a situation in life that may require this type of debt. 3) Write 1 paragraph describing the 2 Credit Rating companies and what the ratings are and how they are determined. Describe 3 ways you can get a good rating or improve your credit rating.
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