Tamera and Rupert each applied for the same credit card through the same company. Tamera has a positive credit history. Rupert has a negative credit history.

Which compares their credit limits and likely interest rates?

Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower

Explanation:

Credit limit can be defined as the highest or maximum amount of credit that either a financial institution or other lender will tend to extend to a debtor due to a particular line of credit or allow a consumer to spend using a credit card in which the limits are determined by banks, alternative lenders, and credit card companies and are often based on several pieces of information which are related to the borrower.

INTEREST RATE can be defined as the amount that are been charged and said to be expressed as a percentage of the principal, by a lender to a borrower for the use of an assets.

Therefore Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower because they both

applied for the same credit card through the same company in which Tamera has a positive credit history while Rupert has a negative credit history.

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explanation:

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