Credit Card Safety
Storyboard Text
- Hello sir, I'm here to apply for a credit card.
- Ah welcome Miss, before you apply for a card, I should teach you about them.
- Having a credit card can come with many risks. But if managed properly a card can be beneficial
- First you should know that owning a credit card comes with the risk of credit card debt.#160;
- Owning a credit card can also negatively affect your credit score. Which can bar you from buying a house or car, even getting a job!#160;
- If you do not make the minimum payment each month on your card your interest and fees will rise. Debt can be a nasty business.
- Thats terrible!
- When owing a credit card I dow have a few suggestions.
- Only paying the minimum payment will lead to you paying off a purchase for years#160;
- 1. do not just pay the minimum payment, pay your debts in full as often as possible#160;
- To stay safe I suggest paying off your cards in full each month as this will keep you safe from debt and open new doors in the future.
- By doing this your credit score can rise. Meaning you can apply for better jobs buy a house or a car!
- All. of your advice, can also be great for my friends to know I'll be sure to relay. what I learned to them.
- Wow, I had no idea how in depth owing a credit card can be. I'll be sure to read all the fine print and use my card safely.#160;
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