1 / 4

Credit: Your Best Friend or Your Worst Enemy?

Lesson 12. Credit: Your Best Friend or Your Worst Enemy?. Slide 12.1. Lesson 12 – Credit: Your Best Friend or Your Worst Enemy?. Credit Definitions. Credit The ability to obtain goods and services before paying for them, based on a promise to pay later.

findlay-gavin
Download Presentation

Credit: Your Best Friend or Your Worst Enemy?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Lesson 12 Credit: Your Best Friendor Your Worst Enemy?

  2. Slide 12.1 Lesson 12 – Credit: Your Best Friend or Your Worst Enemy? Credit Definitions Credit The ability to obtain goods and services before paying for them, based on a promise to pay later. Individuals who use credit are borrowing money. Revolving credit Credit that is available up to a limit and automatically renewed as debts are paid off or paid down. People who use revolving credit often make partial payments on their unpaid balances at regular intervals. Credit-card accounts offer revolving credit to credit-card users.

  3. Slide 12.2 Lesson 12 – Credit: Your Best Friend or Your Worst Enemy? Answers to Worksheet for Justin Jabowski

  4. Slide 12.3 Lesson 12 – Credit: Your Best Friend or Your Worst Enemy? Answers to Worksheet for Justin Jabowski

More Related