PPT-The history of Credit and 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. This information is obtained from one or more national credit bureaus Your credit report may include information about your previous credit performance current level of indebtedness length of credit history types of credit in use pursuit of new cred 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. Improve Your Credit Score. By The Financial Fitness Association. Contents. What is Credit and Debt?. 4 C’s of Credit . Keeping Score with Your Credit . The FICO Score Breakdown . How to Rebuild Your Credit . 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. 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.. 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? . Score 101. The importance of understanding credit reports. The choices . you . make today directly impact . your. future. .. Your credit score can influence how much interest you pay when making a major purchase, such as a house or car. . 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.. 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 . 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. 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 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 .