Luis and Elena Gonzales are a newly married couple in their mid-20s. Luis is a senior at a state university and expects to graduate in the summer of 2021. Elena graduated last spring with a degree in marketing and recently started working as a sales rep for Media Focus Corporation. She supports both of them on her monthly salary of $4,250 after taxes. The Gonzales family currently pay all their expenses by cash or check. They would, however, like to use a bank credit card for some of their transactions. Because neither Luis or Elena has ever applied for a credit card, they approach you for help. Critical Thinking Questions Advise the couple on how to fill out a credit application. Explain to them the procedure that the bank will probably follow in processing their application. Tell them about credit scoring and how the bank will arrive at a credit decision. What kind of advice would you offer the Gonzales family on the best use of their card? What would you tell them about building a strong credit record?.