What does automobile collision coverage cover?
Collision coverage pays for damage to your car, even if the accident was your fault. • The FTC offers students tips for managing their credit. Name THREE tips. Shop around for the lowest interest rate Stick to one major credit card Plan and stick to a budget Keep good records of spending Use credit cards for necessities and real emergencies only Pay off your balance in full each month Avoid paying tuition with a credit card Get your parents’ advice on credit card use • Many credit card issuers charge an annual fee for giving you credit. Typically, what is the cost range for annual fees? Between $15 and $55. • As it applies to credit cards, what is the Agrace period? The time between the date of the credit card purchase and the date the company starts charging you interest. • The Electronic Funds Transfer Act does not fully protect debit card users from fraudulent charges unless the cardholder reports a lost or stolen card within how many days? Within two business days • Under the feder
