10 pts
0 pts
Many factors affect spending patterns.
Formal complaints and government/community agencies can help consumers resolve problems with goods and services.
Leasing, borrowing to buy, and rent-to-own options have different contract terms and costs.
Making minimum payments on credit card balances increases the total cost and repayment time.
Understanding credit card disclosure information is key to controlling borrowing costs.
Consumers with excessive debt have a number of options.
Bankruptcy provides debt relief, but has serious negative consequences.
Laws and regulations offer specific consumer protections.
Negative information in credit reports can affect your financial future.