credit card use lesson 6.01. facts if you do have a credit card only use it for emergencies. credit...
TRANSCRIPT
CREDIT CARD USE
Lesson 6.01
FACTSIf you do have a credit card only use it for emergencies.
Credit Card have high interest rates and other fees that
causes problems that will stay beyond your teen years.
Remember to review your credit report every year.
REASON WHY CREDIT CARDS ARE HELPFUL
The standard debit card offers zero rewards or very small
rewards.
If you sign up for the right credit card you can earn anywhere
from 1-5% back on all your purchase.
Many cards rewards work on a point system where you earn up
to five points per every dollar spent.
If you have no credit card or trying to improve your credit score
using a credit card responsibly will help your credit score a lot.
RCARDSREASONS FOR NOT USING CREDIT
Don’t use your credit card for everyday proposes.
Don’t make minimum only payments.
Don’t apply for credit cards without reading the
terms.
Don’t use credit cards for things your cant afford.
Credit Cards are very helpful
if you use them correctly.