Credit Cards

How long have credit cards been around?

1940's

1950's

1960's

What is the difference between debit and credit cards?

Describe the benefits and disadvantages of using debit and credit cards?

What is the definition of “good debt”? List 2 examples of good debt.

What is the definition of “bad debt”? List 2 examples of bad debt.

Can good debt be bad?

Yes

Which state has the highest average credit card debt held by consumers?

Name two of the three nationwide credit reporting agencies?

How often can you obtain a free copy of your credit report?

For how long can a credit reporting agency report negative reports and bankruptcy?

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