1. In one or two sentences, describe how a credit card works.
2. What is the advantage of paying your credit card balance in full each month?
3. What is an outstanding balance?
4. Why is it more difficult to get out of debt when only paying the minimum payment?
5. The video advises you to "be a deadbeat". What does that mean?
6. link to video
7. https://www.youtube.com/watch?v=L5qlbISOAGA

Answer rating: 100% (QA)

A credit card allows you to borrow money from a financial institution to make purchases an... View the full answer