Ingles
Páginas: 3 (731 palabras)
Publicado: 16 de agosto de 2011
Comprehension…
This is the VOA Special English Economics Report.
Buy now, pay later. Credit cards give people that .
Those billions of small pieces of plastic in use all over the world makeit
easy to buy things. But people who use credit cards irresponsibly can
soon find themselves heavily in . Cardholders may not
think about it, but they money from a bank or other
each timethey charge something. They avoid interest
if they pay their bill in full each month. But if they only
make the minimum payment, the lowest required, it may take
to pay off a debt. Interest iscontinually charged on
the unpaid balance.
A credit card may have a number of . First, there is
the interest charge on purchases, known as the annual percentage rate,
or A.P.R. In theUnited States right now, the average is between thirteen
and fourteen percent. Some cards are a lot higher. Many also charge
of twenty-five dollars or more just to keep them.
Cardholders may haveto pay advance fees if they
withdraw money from a credit card. There are also fees if they go over
their credit limit, or if a payment is . Lenders may also
raise interest rates as .
In theUnited States, credit card fees have become a political issue.
Congress has threatened to take action against what critics call
behavior by lenders.
Yet getting a credit card has become alot for most
people. Maybe too easy: People receive offers in the mail of
cards that they never asked for. Many cards offer
low rates at first, especially if people agree to move their
fromanother card.
About half of all Americans have at least two credit cards. And the credit
rating agency Experian says fourteen percent of the population has
than ten.
Jeanne Hogarth at theFederal Reserve, the central bank, says the
family has four credit cards. But families that carry a
balance, meaning they do not pay off their each
month, have an average of five.
In nineteen...
This is the VOA Special English Economics Report.
Buy now, pay later. Credit cards give people that .
Those billions of small pieces of plastic in use all over the world makeit
easy to buy things. But people who use credit cards irresponsibly can
soon find themselves heavily in . Cardholders may not
think about it, but they money from a bank or other
each timethey charge something. They avoid interest
if they pay their bill in full each month. But if they only
make the minimum payment, the lowest required, it may take
to pay off a debt. Interest iscontinually charged on
the unpaid balance.
A credit card may have a number of . First, there is
the interest charge on purchases, known as the annual percentage rate,
or A.P.R. In theUnited States right now, the average is between thirteen
and fourteen percent. Some cards are a lot higher. Many also charge
of twenty-five dollars or more just to keep them.
Cardholders may haveto pay advance fees if they
withdraw money from a credit card. There are also fees if they go over
their credit limit, or if a payment is . Lenders may also
raise interest rates as .
In theUnited States, credit card fees have become a political issue.
Congress has threatened to take action against what critics call
behavior by lenders.
Yet getting a credit card has become alot for most
people. Maybe too easy: People receive offers in the mail of
cards that they never asked for. Many cards offer
low rates at first, especially if people agree to move their
fromanother card.
About half of all Americans have at least two credit cards. And the credit
rating agency Experian says fourteen percent of the population has
than ten.
Jeanne Hogarth at theFederal Reserve, the central bank, says the
family has four credit cards. But families that carry a
balance, meaning they do not pay off their each
month, have an average of five.
In nineteen...
Leer documento completo
Regístrate para leer el documento completo.