Lecture 5: How to Use Credit Optimally

How to Use Credit Optimally ............................................................

Lecture 5

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also be a temptation that prevents us from reaching our long-term

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consumer credit system works, but is also means being aware of our own

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trouble dealing with credit, along with how to get the most out of borrowing

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Credit Cards

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charging you interest in the outstanding balance of your credit card

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interchange fee is about two percent of every charge you make, and

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a dollar per day on interchange fees, and that money shows up in

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These can include a cash percentage of each transaction paid back

to you at the end of the year or points toward gift cards, hotels, or

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% Carrying credit card debt is costly, and it can sabotage your long-

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