Banks and financial institutions sometimes compete by offering credit at low introductory rates, which increase after a set period of time or when the borrower misses a payment or makes a late payment.
Standard detail
2.
Benchmark
Depth 1Parent ID: 28CE83FF06994F9CAB9BEC1FBAC6C82BStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- D58A955A27C940BAB58FC8D4C7491CF3
- ASN identifier
- S2604583
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 28CE83FF06994F9CAB9BEC1FBAC6C82B
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US