PPT-Chapter 6 Using Credit Cards: The Role of Open Credit

Professor Payne Finance 4100 Learning Objectives Know how credit cards work Understand the costs of credit Describe the different types of credit cards Know what determines your credit card worthiness and how to secure a credit card. 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. and Laws. 17.1. Establishing Good Credit. 17.2. Evaluating Credit and Laws. 17. SLIDE . 2. Chapter 17. Information stored. Before granting you credit, a creditor will check into your past credit performance:. http://www.youtube.com/watch?v=Y8B5XsTm35c&feature=related. Credit on Campus - . http://www.youtube.com/watch?v=5RgNBIWR8Uo&feature=relmfu. Build Credit at a Young Age - . http://www.youtube.com/watch?v=gkpqzyZMg4o&feature=related. IN 4 EASY STEPS. Oraynab Jwayyed @ www.businessinterludes.com . 1. . Pay . down. . your. . debt . . .. Tackle those looming balances by paying them off on time. Can’t pay the whole balance? Pay more than the minimum every month. Credit Use and Credit Cards. Objectives. Compare and contrast installment and non-installment credit and discuss the costs of credit.. Discuss reasons for and against using credit.. Describe the types of charge accounts.. 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.. Other Personal Debt. Bob Kraus ‘79. Jed Scala ’89. January 5, 2012. Agenda. Overview of Payment Methods . Establishing Credit & Selecting a Credit Product. Understanding Credit Card Terms. Credit . Establishing Good Credit. 17.2. Evaluating Credit and Laws. 17. SLIDE . 2. Chapter 17. Information stored. Before granting you credit, a creditor will check into your past credit performance:. Did you pay your bills on time? . 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!. Personal Finance. Mrs. . Bullock. What is a Credit Card?. Is a credit card open-end or closed-end credit?. Credit Card Interest. Interest is charged . _______________. . the balance is not paid in . 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 . The financial ecologies and circuits of commerce of retail credit cards in Santiago de Chile José Ossandón ; Macarena Barros; Felipe Gonzalez Tomás Ariztía ; Camila Peralta; María Jesús Understanding Credit:. . Using it Wisely. Updating 2019-01-31. Objectives. A. Understand credit reports, bureaus, scores and the principles of using credit wisely. Understand the correct uses of credit cards . 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..