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Business, 16.12.2020 09:00 erenackermanlevijaeg

Examine the credit terms below Interest Rates and Interest Charges
0% introductory APR for 10 months.
Annual Percentage Rate (APR) for purchases after that, your APR will be 10.99%, 15.99%, or 17.99% based on your creditworthiness. This APR will vary with the market, based on the Prime Rate.
Why would the lender offer a lower introductory APR for 10 months?
To reduce its profits
O To eliminate its risk
To entice consumers to use its credit card
To encourage consumers to apply for secured loans

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Examine the credit terms below Interest Rates and Interest Charges
0% introductory APR for 10...
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