PPT-Basic Presentation on Credit and Credit Cards

Credit Card Basics A credit card is a loan that is based on the character or reputation of the person that holds the card How does the credit card company know the character of the card holder By getting . Points are scored by getting rid of all the cards in your hand before your opponents You score points for cards left in your opponents57557 hands HOW TO PLAY Every player picks a card The person who picks the highest number deals Action Cards count Introduction. The majority of Canadian have at least one, and possibly multiple credit cards.. introduction. Credit cards originated in the USA in the 1920s.. Individual companies offered them to people making purchases from those businesses.. Today’s Presentation. Introduction . Credit card basics and terminology. Obtaining a credit card. Extra information for you. How to handle disputes. Conclusion and activity. Please ask questions at any time.. 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.. 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. 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? . 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 . 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!. Name, county, and date here. All Credit is Not Equal. Affordable Credit. vs. .. Too . Much Credit. When you use credit,. you’re spending money . before . you earn it. .. Types of . Credit:. Revolving Credit Account. using. the . Foresight. Cards on:. www.foresightcards.com. . - Stress . testing. . your. Business Model –. one. . company edition. Order or preview. Business Model . Generation. on:. www.businessmodelgeneration.com. By Financial Foundations. Check your Credit Score: . Go online and request a copy from any of the credit bureaus at least once a year or use Credit Karma to check Equifax and TransUnion for free.. . 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