donnell94 donnell94
  • 02-02-2021
  • History
contestada

The maximum amount you can charge on a credit card is called the
capacity
False
True

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Caroll551122
Caroll551122 Caroll551122
  • 02-02-2021

Answer:   True

 

Explanation:

The maximum amount you can charge on a credit card is called the capacity credit limit. Under the Fair Debt Collection Act, creditors are not allowed charge a new debt collection fee without informing the borrower notice. [Creditors must reveal all terms, fees, and charges in advance.]

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14kglossy
14kglossy 14kglossy
  • 02-02-2021
True
Yes it is my dad told me because he works at a bank
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