Credit Card

A card allowing someone to make a purchase on borrowed money. Credit cards are one of the most popular forms of payment for consumer goods and services in the United States.


Credit cards have higher interest rates than most consumer loans or lines of credit, so try your hardest to pay off your credit card each month.



The Importance of Your Credit Rating - Do you know how your borrowing activities affect your credit rating? Find out here.

Understanding Credit Card Interest - We go over the impact it can have on your spending money AND your investment returns!

Seven Common Financial Mistakes - Not having enough money isn't necessarily the result of not earning enough money - learn to choose fortune over disaster.
Related Terms

Adjusted Balance Method

Annual Percentage Rate - APR

Average Daily Balance Method

Credit

Previous Balance Method

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