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Personal Finance October 30

Personal Finance October 30. Analyze the history and evolution of credit: Early 1900s: Sears and JC Penney stores did not accept credit-- 1950: first credit card, called the Diners Club, was made-- 1958: Bank of America was started, which was the pre-cursor to Visa--

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Personal Finance October 30

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  1. Personal Finance October 30 Analyze the history and evolution of credit: Early 1900s: Sears and JC Penney stores did not accept credit-- 1950: first credit card, called the Diners Club, was made-- 1958: Bank of America was started, which was the pre-cursor to Visa-- 1958: American Express was born-- 1970: Only 15% of Americans owned credit cards-- 1976: “Bank Americard” became “Visa”-- 1986: “Discover” was born-- Today: Credit is a way of life.— Journal: What does this mean?

  2. Download DR Unit 2 Credit • Chapter 4 Dangers of DEBT • Chapter 5 Consumer Awareness • Chapter 6 Credit Bureaus and awareness SAVE in your L Drive Watch Chapter 4 Part 1,2, 3 Homework: Hidden Cost of Credit Worksheet

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