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Fortunately for Jamie, she was able to show proof of the theft to the credit bureau and her credit applications for her apartment furnishings were approved. The purchase total for the appliances, living room furniture, and TV amounted to $4,250. The minimum payments between the three accounts total $325 a month. What is Jamie Lee's debt payments-to-income ratio?
The bills for the home furnishings are beginning to arrive and Jamie Lee inspects each explanation and charged amount, carefully matching each to her purchase receipts. Jamie Lee notices that Acme Home Goods overcharged her by $120. It appears the bill does not reflect the 10% discount she received as an incentive for opening the store charge account for her large refrigerator. Using Exhibit 6-8A as a guide, compose a letter to Acme Home Goods (55 Main Street, Your Town, Your State, 00000) from Jamie Lee to dispute the billing error.
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