PPT-Credit cards

CALM 20 What is a Credit Card A credit card can be a convenient way to pay for almost anything from a new pair of shoes to a holiday in the sun But its important to remember that a credit card is a type of loan . The credit reference agencies dont hold blacklists and dont tell the lender if they should offer you credit or not thats for the lender to decide Credit granting When you apply for credit you will be asked permission by the lender to search your cre Tuesday, Jan 21. st. Class Overview. Intro to Credit. Story. Credit Card Debt. Consumer Credit. Dangerous Debt Practices. Credit Card Debt. Credit has become an essential financial tool and a convenience. Unit 1: Lesson 2. Introduction. For many Americans, . debit cards . are quickly replacing personal checks as a means of making payments. Students should be able to recognize the difference between a debit card, ATM card, and a credit card.. Module 8.1. VOCABULARY. Credit card. : a plastic card providing a revolving loan to the holder for goods or services that must be paid back to the issuer on a predefined payment plan with interest if required. Credit cards are an example of revolving credit or open-end consumer credit.. Introduction to plastic money. Evolution of plastic cards. Plastic money . – A new and easier way of paying for goods and services. Provides convenient usage alongwith incentives. An alternative to hire-purchase or loan on consumer goods. Advantages and Disadvantages. What is credit?. What is the difference between debit and credit cards?. What are advantages and disadvantages of credit cards?. VOCAB TO KNOW!. Credit. : . goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future date. Face Off. PLAY. Question #1. What . is the name of this Credit Card? . Surge Credit Card. ANSWER. Question #2. When is the payment due?. 7/12/15. ANSWER. Question #3. If ODP is used to cover a check, how would it appear on the credit card statement? . Consumer Math Unit 3. What do you already know?. Do your parents have credit cards?. Do you have credit cards?. It’s safe to borrow how much?. List out all the things you already know about credit cards and credit scores!. Playing cards are familiar. You know their suits: diamonds, hearts, spades and clubs, in a deck of 52. Blackjack, Gin and Poker are played with these cards—but do you know the cards’ origins?. Though unsuspected, the deck of 52 abases a deep and grand iconographic history. Cards as we know them were filtered through and modified by French card-makers during the 19. OBJECTIVES. Identify the sources of credit. Understand the types of credit. THE MAIN IDEA. There are many different types of credit . plans including . charge accounts. credit cards. single . payment . A Case for Cards. One of the fastest and most concrete ways to improve Credit Score. Free Short Term Loan. Credit card companies often offer bonuses and points for use. If paid off at the end . . of every month, they . by . T. Current as of September 2014. U.S. household consumer debt profile:. Average credit card debt: . $15,607. . Average mortgage debt: . $153,500. . Average student loan debt: . $32,656. . In total, American consumers owe:. Credit Cards, NJ Your Smart Choice for Merchant Services Jennifer R. Glass CEO “This is by far the most complex industry I have ever been associated with. I always tell new employees to give themselves six to nine months to become comfortable with the lingo and to understand how the payment processing system works Christine Turek. What is Credit?. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.. Money. A medium of exchange for goods or services within an economy..