Explain why credit card interest rates tend to be higher than rates for secured loans, such as automobile loans.
Standard detail
MC.4a
Depth 2Parent ID: 2C8D6CB07F5247739DBC6E409D90DBF8Standard set: Grade 8
Original statement
Quick facts
- Statement code
- MC.4a
- List ID
- a
- Standard ID
- ACD34594F7A043B58F9338B1362D7FF8
- Subject
- Personal Financial Education (2021)
- Grades
- 08
- Ancestor IDs
- 2C8D6CB07F5247739DBC6E409D90DBF87B34AD0C54094F589403F01DB787BD8C
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US