horschler6828 horschler6828

20-08-2019
Business

contestada

TRUE or FALSE: A credit card company can't charge you a higher interest rate just because you're a college student and have no credit history.

Respuesta :

sakhilemdletshesm sakhilemdletshesm

21-08-2019

Answer: False

Explanation:

Even if you have a reliable income but you have no credit history, you will be seen as a something of a risk because you don’t yet have a track record.

Therefore a credit card company will charge higher interest rate due to the potential risk because of lack of track record .

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