https://padlet.com/logansugg/n74dbf0w33p By Logan Sugg en-us 2018-04-16 16:17:44 UTC 2024-04-17 06:59:54 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Hotsun.png logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252234592 First you should understand how a credit card works. The bank allows you to borrow money without needing to pay it back right away however you must make monthly payments. making these monthly payments in full will greatly improve your credit score which will benefit you later in life. however if you begin to fall behind on these payments it can be very easy to forget about them]]> 2018-04-16 16:37:21 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252234592 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252237215 A credit card can be a very good thing as long as you make your payments on time and try to pay in full each month, this will help build good credit. building good credit is very important and can affect many different things you will do in your adult life. purchasing a house is arguably the most important thing to build good credit for. this can help you get better interest rates and mortgage rates]]> 2018-04-16 16:42:42 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252237215 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252238004 Having too many credit cards can create problems. you must remember to pay all of these credit bills when they are due and it is easy to let the spending get out of hand.]]> 2018-04-16 16:44:21 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252238004 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252241507 Many banks will try to persuade you to get a credit card with them by using a rewards system. some may save up points you can spend on things like flights or vacations, while others may encourage using their credit cards for free things like gift cards to your favourite restaurants or places to shop]]> 2018-04-16 16:51:05 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252241507 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252243856 Going over your monthly budget is easy to do with a credit card. by using a credit card you may forget about how much you are really spending or overspending on things you want and not things you need. to keep track of things i would write it down on paper and be very aware of where your money is going]]> 2018-04-16 16:55:37 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252243856 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252246062 Credit cards seem like a very good idea. But some may wonder what is the point of having these credit cards because all you may end up doing is paying interest on money you already have and could have paid with your debit card. people often feel the need to use their credit card for buying things when really they should prioritize using the money they already have in the bank. this way they will not have to pay interest and monthly fees. ]]> 2018-04-16 16:59:57 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252246062 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252247537 By Logan Sugg]]> 2018-04-16 17:02:48 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252247537 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252248347 Hi my name is Logan Sugg and i have been doing all kinds of research to learn more about credit cards. I have been identifying advantages and disadvantages of using credit cards as well as learning how they work. The information you are about to read and listen to can be very helpful for you in choosing your next credit card company or even purchase. Enjoy]]> 2018-04-16 17:04:27 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252248347 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252310154 there are many risks being taken when getting and choosing the right credit card. you can add up a lot of debt without even realizing it. there are lots of benefits that come along with it as well like being able to borrow money that you dont have at the moment]]> 2018-04-16 19:05:00 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252310154 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252338262 credit cards can be very useful in emergency situations. you never really know when something might happen that you need some extra cash to pay for something immediately. this also helps when trying to borrow money. the better your credit score is the less you will pay on interest when taking a loan.]]> 2018-04-16 20:27:30 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252338262 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252342847 using a credit card can become addictive. the idea of using this plastic card to buy everything seems too simple, too easy. many people can let the spending get way out of hand because they have room on the credit card so they just let it keep adding up without keeping in mind the fact that they must pay this back with interest at some point]]> 2018-04-16 20:43:44 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252342847 logansugg https://padlet.com/logansugg/n74dbf0w33p/wish/252408710 Sorry I couldn't upload the actual word document from my phone (my home computer doesn't have word) so here's a screen shot however I will email it to you as well.]]> 2018-04-17 03:32:18 UTC https://padlet.com/logansugg/n74dbf0w33p/wish/252408710