Important Facts to Know About Credit Cards by https://padlet.com/mrwilloughby/4gnadfcokekl Madison Willoughby, Emily Muse, TJ Walters, and Jala Miller en-us 2017-09-07 18:27:57 UTC 2017-09-07 19:12:51 UTC hello@padlet.com Videos: mrwilloughby https://padlet.com/mrwilloughby/4gnadfcokekl/wish/185656059 - Hidden Credit Card Fees 
- Playing the Zero Percent Game
- What is a Credit Score
- Why Americans Don't Save Money]]> 2017-09-07 18:32:08 UTC https://padlet.com/mrwilloughby/4gnadfcokekl/wish/185656059 10 Important Bullet Points: mrwilloughby https://padlet.com/mrwilloughby/4gnadfcokekl/wish/185656629 - You should pay your bill in full.
- There are many different credit cards, so make sure you compare and contrast around.
- You need to know the policies within the bank.
- Stay up to date on the policies because they are constantly changing.
- Do not pay your bill even one day late because your interest can go way up.
- Be careful before opening a zero percent interest credit card because after those interest free months, the interest fee can raise to even 18%. 
-  Check the annual rate before picking a zero interest credit cards.
- Threaten to switch banks and they will likely lower your rate. 
- Your credit score is based 35% on paying on time, 30% what you owe, and 15% time you've had credit.  
- You should use cash any time you can.

]]> 2017-09-07 18:33:15 UTC https://padlet.com/mrwilloughby/4gnadfcokekl/wish/185656629 Paper mrwilloughby https://padlet.com/mrwilloughby/4gnadfcokekl/wish/185674463 Madison Willoughby, Emily Muse, TJ Walters, and Jala Miller 

Math 125 

09/07/2017  

Important Facts to Know About Credit Cards 

            Recently credit card companies have been screwing over consumers for not only breaking little policies, they never knew existed, but also for following all rules established. Our group watched four videos and came up with 10 important tips you need to know. These four videos discussed the ways that banks and credit cards will take advantage of their customers and many mistakes inexperienced consumers make like not checking and keeping up with constantly changing policies causing them to get ridiculous fees. When dealing with credit card companies the videos constantly suggested to pay your bills in full/ on time, before you get a credit card compare and contrast to find what works better for you and to always be careful to pick a zero-interest credit card. 

            As a group we think banks are trash. They invent hidden fees to scam their clients in order to make money. Our group believes that everyone should know and stay on top of their financial plan, as well as, the policies, and options provided by your bank. We think you need to pay in cash for most items, and use credit cards for only specific necessities needed. Make sure you take advantage of the options that banks provide because they will take advantage of you. Overall you need a credit card to establish credit, but make sure you are ready to know your policies and banking options.

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