PPT-Enrollment interest card

Enrollment interest card Ramah Navajo School Board RAMAH N A V AJO I w o ul d li k e t o lear n mo r e abou t th e H ear t S av e r P roject I a m inte r este d i n j o inin g th e. Program Coordinators . University of Arkansas, Office of Financial Aid. BUDGETING FOR COLLEGE:. Credit Cards & Credit Reports. What is Credit?. Credit the extent to which someone, usually a bank, is willing to loan you money and trusts that you will pay it back in the future. . 1. Why Borrow? . 2. Consumer Debt for 2012. Averages per US Household:. Average . credit card debt: . $15,204. Average mortgage debt: . $148,818. Average student loan debt: . $. 33,005. Total American Consumers owe:. Going into Debt. Credit. CREDIT. Receipt of funds to buy goods/services now with the promise to pay the funds back at a future date. PRINCIPAL. Amount originally borrowed. INTEREST. Amount paid back to the lender in addition to the Principal. Forms of consumer borrowing. Loans. : From a bank, a lending institution, personal (Family, Friends). Credit Cards: . Typically high interest cards used to make purchases. Secured Loan. A loan backed by something of value pledged to insure payment. “Hi! Nice to meet you!”. Some questions. What does it mean to take “personal responsibility” for something? Give an example of a situation where you have taken responsibility for making sure something got done.. Revolving Credit. Credit Cards. Credit Cards allow you to borrow money from a bank each time you use your card so that you can make purchases without cash. Credit Cards allow you to use UNSECURED debt, or in other words borrow money without putting anything up as collateral. Unit 3. Payment, Interest Rates, & Credit Cards. Key Terms. Credit. Credit card. Credit limit. Charge. Interest rate. Payment due date. Outstanding balance. Finance Charge. Grace period. Late fee. Advanced Level. What is a Credit Card?. Is a credit card open-end or closed-end credit?. Credit Card Interest. The cost of credit expressed as . a yearly interest rate. Rate at which interest is charged is referred to as:. Learning Activity 5. 5-. 1. Good Credit. Credit History. Advantage. Credit Cards. Late Fee. Impulse Buying. High Interest Rates. Human Factor. Payments Schedule. The Essentials of. Bad Credit. Credit. Advanced Level. The Essentials to Take Charge of . Your Finances. What is Credit?. Why would a person want to use credit?. Brainstorm!. Credit-. when goods, services or money is received in exchange for a promise to pay a definite sum of money at a future date. Advanced . Level. 6.03. What is a Credit Card?. Is a credit card open-end or closed-end credit?. Credit Card Interest. The cost of credit expressed as . a yearly interest rate. Rate at which interest is charged is referred to as:. Revolving Credit. Credit Cards. Credit Cards allow you to borrow money from a bank each time you use your card so that you can make purchases without cash. Credit Cards allow you to use UNSECURED debt, or in other words borrow money without putting anything up as collateral. 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 PRACTICE THE PRESENTATION FOR TIMING. REVIEW PRESENTER NOTES TO BECOME FAMILIAR WITH THE INFO / SLIDES. PUT PRESENTATION INTO ‘SLIDE SHOW’ MODE TO CLICK THROUGH THE PRESENTATION AND USE THE INTERACTIVE ELEMENTS..