E. Say whether the following statements are true, false or there is no information in the text on the subject

1) A credit company allows you credit, its limit depending on the information you give them.

2) The cost of your purchases and of services rendered is indicated in the report on your expenses that you receive at the end of each month.

3) When a credit company allows you credit it informs you on the rate of interest you will have to pay for this.

4) You can pay for your purchases with your credit card only within a month of making them.

F. Say which paragraphs contain information on:

1) Different ways of paying your expenses.

2) The importance of the credit card system to the economy of the country.

3) Advantages of paying with credit cards.

TEXT 2 MONEY AND BANKS