1. What is a credit card there to do for you?

2. Why is it so important to know how credit cards work and the actual costs of credit?

3. List and summarize the different types of credit cards. (summarize them in detail)

4. What determines your credit card worthiness?

5. What is the APR?

6. Summarize, altogether, all the drawbacks of using credit cards.

7. What exactly does the CARD Act mean for you per this chapter.

8. Outline the 5 C's of Credit.

9. What is a credit score, and how do you find yours?

10. What do you do if your credit card application is rejected?

11. What are the ways of controlling and managing your credit cards?

12. Summarize what you learned about identity theft.

13. What are some of the loans discussed in chapter #7? (Brief explanation of each from the chapter)

14. What are the possible sources of credit per chapter #7?

15. Discuss the steps of controlling the use of debt?

16. Outline what the chapter says about what to do if you can't pay your bills.

17. Summarize by outlining the different savings plans in this chapter.

18. What exactly is the Student Loan?

Answer rating: 100% (QA)

1 A credit card is a financial tool that allows individuals to make purchases on credit It essentially provides a line of credit that can be used to borrow money for purchases with the understanding t... View the full answer