Managing Credit Cards

Credit CardsWhen used and managed properly, credit cards offer us convenience, a sense of security, and allow us to build a healthy credit history. Irresponsible credit card use can result in excessive debt and can produce a poor credit score and become a long-term financial liability.

Basic information necessary to help you wisely choose and responsibly use a credit card can be grouped into two main categories:

  1. A complete understanding of the costs of credit.
  2. Behaviors that reflect financial literacy and personal responsibility.

Topics Include:

  • HOW LONG AND HOW MUCH DO I HAVE TO PAY?
  • FINDING EXTRA MONEY TO PAY DOWN YOUR CREDIT CARD DEBT
  • CREDIT CARD COSTS
  • HOW TO WISELY CHOOSE & RESPONSIBLY USE A CREDIT CARD
  • RATES AND FEES AND THE SCHUMER BOX
  • DOs AND DON’Ts ONCE YOU HAVE A CREDIT CARD
  • THERE IS ALWAYS A SOLUTION – CREDIT COUNSELING
  • CREDIT REPORTS & CREDIT SCORES

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