Wally currently has a balance of $14,500 on his credit cards and he is having a hard time making the minimum payments on them. He has missed several payments and is now paying the default APR of 29.99%
He and his wife own a nice home with $40,000 in equity. They have $7,500 in a certificate of deposit with a 4% APR. He has come to you in tears asking for advice. What would you tell him to do?
A) Seek out a non-profit credit counseling company.
B) Cash out his CD and pay down his credit cards.
C) Become a convenience user, and maintain just one credit card.
D) Take out an equity loan on the house.
E) All of the above
Answer: E
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A quitclaim deed conveys only the present right, title and interest of the:
a. grantee. b. grantor. c. servient tenement. d. property.
Which of the following is NOT one of the eight basic steps to developing and delivering a branded customer experience?
a. Target profitable customers, employing behavior segmentation rather than demographics. b. Achieve a superior understanding of what your targeted customers value. c. Design facilities that delight your customers and reduce complaints. d. Give employees the skills, tools, and supporting processes needed to deliver the defined customer experience. e. Make everyone a brand manager.