'Schumer box' presentation slideshows

Understanding Credit Cards

Understanding Credit Cards. Advanced Level. What is a Credit Card?. Is a credit card open-end or closed-end credit?. Credit Card Interest. Interest is charged each month the balance is not paid in full. Rate at which interest is charged is referred to as:. Annual Percentage Rate (APR ).

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Understanding Your Credit Card

Understanding Your Credit Card. Credit Unit Take Charge of Your Finances. Credit. CREDIT-. When goods, services or money is received in exchange for a promise to pay a definite sum of money at a future date. INTEREST-.

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What should you know before you get your first credit card?

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