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After a hard working day, people do not want their hard earned money going to Uncle Sam, but appreciate the benefits of it. However, credit cards offer electronic payment which allows direct deposit, although taxes are automatically taken out. But, by having an electronic record it is easier to track how much money is coming and going. Nevertheless, whether the consumer is getting paid in cash or electronically, they are not only forced, but willing to…. Having a good debt-to-available credit ratio will help you attain a good credit rating. The less debt you have compared to available credit, the better your credit rating.
Finally, if a customer lost or stolen their credit card, first they need to call the bank for freezing their account. These reasonable measures are able to help customers protect their credit card securities. But these measures also have more difficulties on some actions, for example, enacting law is not an easy thing.
Please join StudyMode to read the full document. If you are borrowing money and paying interest, would you prefer an interest rate that compounds annually, quarterly, or daily? If I am borrowing money and paying interest, I would prefer an interest rate that compounds annually because annually would cost you less than quarterly. What is the total balance of Jessie Robinson's real estate account? What is the total balance of Jessie Robinson's revolving account?