By: Brooklynn Dillon

Credit Card VS. Debit Card

  • A debit card is all your money and can only use the money you have. A credit card is one that you use then you pay off later.

Three Ways To Develop a Positive Credit History

  • Hold a steady job
  • Own a house
  • Pay all credit card bills in full and on time

Financial Apps and Websites

  • Mint- can help budget money
  • Simple- can help you budget
  • SigFig- can help manage investments
  • InDinero- can help with accounting taxes
  • Venmo- can help you to make m

Advantages of Using Credit

  • Convenient
  • Useful for emergencies
  • Purchase expensive items earlier

Disadvantages of Using Credit

  • Paying interest if balance is kept on card
  • Tempting to overspend
  • Risk of identity theft


  • APR is your Annual Percentage Rate.
  • The lower the APR the better for the cardholder!
  • If you buy a car that costs $20,599 and your APR is 18%, and monthly you pay $325. Then, when you finally pay it off your total cost would be $65,711.11.

Nationwide Credit Reporting Agencies

  • Equifax
  • Experian
  • TransUnion

Free Credit Reports

  • You can order a free credit report by requesting one from a nationwide agency.
  • You should get a report at least once a year to make sure there are no errors.
  • If there are errors, you should go to the FTC website,, and go to the "How to Dispute Credit Report Errors".

Credit Counseling Agencies

  • The NFCC is a credit counseling agency.
  • If you are experiencing financial difficulties they will Advise you on managing your money; Offer solutions to your current financial problems; and Develop a personalized plan to help you prevent future difficulties.
  • In Ohio there is the Consumer Credit Counseling Services
  • address- 5555 Renner Rd, Columbus, OH 43228
  • phone- (614) 552-2222