Credit Basics
Credit Newsletter Project
What Credit Is
Credit has many different uses and can be a great way to fast money and just swipe a card and be on your way. One of the negatives about using credit is the fees such as APR or annual fee, monthly fees
What Are The Forms Of Credit
In Credit you can receive Loans which is money borrowed from the bank, so the bank charges interest on that loan you took out. Secured Loans are guaranteed by collateral which is item of grater or equal value than the amount of the loan like a car or even a house. One other type of credit is a Unsecured loan which is a loan with no collateral but is based on your credit score and ability to repay
Credit Vocabulary
A Debt Card Is Also an option
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Keep track of your Credit Score
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Credit Interest Rises Over Time
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You can use Credit Cards almost any where you go, but it should really only be used in emergency situations if you can pay with Cash
Contact Us
For more information you can call us or you can go to our website, or email us At:
Email: mc17564@student.leyden212.org
Website: leyden212.org
Phone: 123-453-3944