Answered

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Question 20 of 25
Which of the following is used by credit card companies to determine an
APR?
O A. Prime rate + credit history
B. Introductory APR + standard APR
O C. Prime rate + standard APR
O D. Prime rate + introductory APR

Sagot :

EliteMob

Credit card companies determine their APR based on creditworthiness, or how much risk you pose as a borrower, as well as broader factors like the health of the economy. Creditworthiness is based on criteria such as an applicant's credit history, income and total amount of money owed.

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