Course: FYE 101 First Year Experience

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Reading and Audio Visual Presentation » Financial Literacy

Reading and Audio Visual Presentation

The Money You Borrow
Your Financial Future

Credit Cards and Your Credit Report

Credit Cards and Your Credit Report
Credit cards are a convenient way to make purchases, but unless you use them cautiously, you can end up owing more than you can pay. If you don't pay the full amount owed on your credit cards each month, you will pay additional interest. Making late payments can result in a poor credit report which can lead to difficulty when you try to borrow more money.

Stay out of trouble with credit cards by following the tips in this readying. Read pages 18-22 by clicking on this link: Your Spending Your Savings Your Future by the National Endowment for Financial Education.

The Money You Borrow
Your Financial Future