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1.
Small fees from your bank, credit union, credit card companies and others can add up to hundreds of dollars a year in wasteful costs.
True. Small fees from your bank, credit union, credit card companies and others can add up to hundreds of dollars a year in wasteful costs.
2.
When evaluating a credit card offer, why should you consider how the cards interest rate is calculated?
Different methods result in different charges. Based on when you incur charges and when you pay them off, the method used to calculate interest will differ.
3.
When evaluating fees at a bank or credit union, what is perhaps the most helpful question to ask yourself?
Am I getting what I need from my bank or credit union in return for these fees? Not everyone thinks fees are too high; therefore, determine whether you are getting your money's worth.
4.
What is one of the fees that a car dealer may charge when you buy a car?
A vehicle preparation fee. A car dealer may charge a vehicle preparation fee when you buy a car.
5.
What is one way to gather more information about your banks fees?
Calling your bank and asking about the fees. One way to gather more information about your banks fees is to call and ask a customer service representative about them.