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Credit Cards 101




Title: Credit Cards 101

Source: Shine.Yahoo.com

Author: Real Simple

Date: October 22, 2008


Picture Source: Wikipedia.org
Credit Cards 101

Excerpt:

    It helps to know just what you're getting into when you pound that plastic.
    Here, experts tell you how to use your credit wisely.


Click here to read full article.


Talking points


What are the tips that this article offers for using credit cards?

Do you think credit cards are useful? In what ways?

How can credit cards be misused?

Are credit cards popular as a means of payment in your country?

Your friend wants to get a credit card for the first time. What advice do you have for him/her?


See also: Things to Watch Out for when Applying for a Credit Card, Financial Topics


Vocabulary from this article:


plastic
discount
rebound
initial
attractive
mortgage
mileage
accumulate
bolster
reward(s)
fraud
exception
purge
ratio
potential
lender(s)
founder
loan


Expressions

Credit score
interest rate(s)
credit report
credit history
eat up
keep track
carry a balance
max out
identity theft
(be) better off
rack up




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Last updated: 15 February, 2010 02:43:16
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