Thursday, December 1, 2011

Q2, Week 6 Critical Reading Passage

What would you do if someone gave you a credit card with a $20,000 limit? - I would use the credit card to buy some clothes, haircut, and some other stuff. I would have fun with the card. What would you do if the credit card company asked for all of their money back and 10% interest on what you had spent?- I would tell them that they are crazy because they didnt tell me I had to pay them back plus interest. I also would give them the stuff I bought if they got all crazy.
What are some of the consequences of bankruptcy?- You lose your house, car, and other stuff that you owned that you bought with that card.

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