Credit Card Imformation

What students need to know

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Credit cards are great for emergencies, but they are also good for getting you in debt. -Bridgette Brown

Credit Cards

Credit Cards are another way to pay for a purchase. There are many advantages to having one, such as using it in emergencies or big purchases. However, there is also disadvantages such as using it when you don't need it or purchasing things you don't need because its so convenient.

What you should look for

An ideal credit card has a long grace period, low interest, and a low annual fee

What you should be aware of

Make sure you know the late fees, changes in APR, and cash advances

Terms you want to know

APR- Annual percentage rate


Minimum Payment- The least you have to pay every month