Econ test 2 chpt 8
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retail credit card
a credit card thta is honored only by a specific retail establishement
credit cards such as gold or platinum cards issued by a financial intitution to individuals who have an exceptional credit standing
the interest that you must pay as a result of using credit
annual percentage rate
the simple interest rate including any fees charged by the creditor
a plan to the court in which you repay at least a portion of your debt and payattorney and filing fees
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