PPT-Unit 4 Credit and Debt

What is Credit Someone lends you money 1 The original amount borrowed is called the Principal Common Types of Credit 2 Which type of credit has the highest interest rates Credit Card . Credit Management. Three C’s of Credit. Character. Honesty to pay a debt when it is due.. How past debt obligations were handled. Capacity. Refers to a person’s ability to pay a debt when it is due. JAMES A. FRANCIS. Francis & Mailman, PC. Land Title Building, 19. th. Floor. 100 South Broad Street. Philadelphia, PA 19110. Phone: 215-735-8600. Fax: 215-940-8000. E-mail: . jfrancis@consumerlawfirm.com. 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. Agenda. Start time: ____ . Break time: ____ (10 minutes). End time: ____.  . Please set phones to silent ring and answer outside of the room.. How I Feel About Credit and Debt. How do you feel about being in debt? Here are some sample statements. Check the one that is closest to your own attitude.. Credit. Stagnation. Steve Keen. Kingston University London. IDEAeconomics. Minsky Open Source System Dynamics. www.debtdeflation.com/blogs. Secular Stagnation Mark I. Hansen 1939. “Not until the problem of full employment … from the long-run, secular standpoint was upon us, were we compelled to give serious consideration to those factors … which tend to make business recoveries weak .. and which tend to prolong and deepen the course of depressions.. Cat Newton . Lachlan . Edwards. Policy Officer . Solicitor. 30 . March 2017. Consumer . Action Law Centre . www.consumeraction.org.au. Welcome . . How you can spot a debt vulture. How you can help your clients. Steve Keen. Kingston University London. IDEAeconomics. Minsky Open Source System Dynamics. www.debtdeflation.com/blogs. The Mainstream on Debt in Macroeconomics. Private Debt plays no role in mainstream macroeconomics. 1. Vocabulary. Annual Fee. Annual Percentage Rate (APR). Credit. Debt Snow Ball. Depreciation. Tax Deduction. Journal: Define the vocabulary then explain the correlation to the following activities:. What would be considered good credit?. On average how many credit cards does the average household have?. How do credit cards make money?. Video. Who are credit card companies best and worst customers?. 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 Management. Three C’s of Credit. Character. Honesty to pay a debt when it is due.. How past debt obligations were handled. Capacity. Refers to a person’s ability to pay a debt when it is due. What are things you want to buy right now?. Are they wants or needs?. What is Debt?. When someone owes more money than they have.. Questions to Ask your self before spending. Can I afford it?. How will I pay for it?. Credit Card Debt Good vs. Bad Debt 12 th Grade Advisory Activity Basic Credit Card Information Credit card average interest rate: 16-17% When credit card bills are paid off within a month, no interest is paid DEBT. A . debt is an amount of borrowed money by one party from another. .. SECURED: covered by a lien on collateral. Mortgage. Car loan. UNSECURED: not covered by a lien on collateral. Personal loans.