A credit card could be a handy way to pay for things, build a good credit history and earn reward points but if you don’t handle it correctly it could be a gateway to debt. To get the most out of a credit card you need to understand how it works. What are the fees, interest involved and the best way to manage payments ?
When you use a credit card, you’re effectively borrowing money to make a purchase or transaction. The official term for a credit card is ‘revolving line of credit’. If a credit card, used wisely, it could be one of the most effective financial payment tools available to consumers of all ages.
At the end of the course, you would be able to understand:
- What is a Credit Card?
- Types of Credit Cards
- Credit Card Statement
- Credit Card Charges