The Schumer box is a table that appears in credit card agreements.

Question

What is the main purpose of a Schumer box?
Choose 1 answer:
Choose 1 answer:
(Choice A) to disclose the payment amount and due date of the card
A
to disclose the payment amount and due date of the card
(Choice B) to highlight the most important fees and interest rates of the card
B
to highlight the most important fees and interest rates of the card
(Choice C) to show the benefits and rewards of using the card
C
to show the benefits and rewards of using the card

Answer 1

B) to highlight the most important fees and interest rates of the card