Credit cards and credit reports!

What is the difference between a credit and debit card?

A debit card goes right to your account and a credit card goes and charges you.

Three ways you can develop a positive credit history.

  1. Buy something and then pay for it right away.

  2. Pay for balance in full

  3. Avoid Applying for Too Many New Credit Accounts and Loans

Five different financial apps or websites that can help you manage your money.


2.Goodbudget Budget Planner

3.Spending Tracker

4.Bill Keeper

5.Life Budget

Three advantages using a credit.

Advantages of using a credit


2.Building a Credit Line

3.Purchase Power and Ease of Purchase

Three disadvantages of using credit.

Disadvantages of using credit

1.Blowing Your Budget

2.High Interest Rates & Increased Debt

3.Credit Card Fraud

What is APR ?

Annual percentage rate

Why is APR mportant to know when applying for a credit card?

When you don’t pay your bill on time then you get a fee.

When/where can you order a free credit report? Why is it important?

You can get a free credit report once every 12 months. Having a good credit report is important because lenders may use your credit report to see if you can get a loan or not from them. If there is a error on your credit report then you have to ask the bank that your card is with and ask them to correct it or delete it.

A credit counseling agency that can help you if you need it.

NFCC is the credit counseling agency that I found. They have this whole page of what you can do to help yourself and what they can do to help you.