Educational Resources - Borrowing Basics
Types of Credit
Cost of Credit
Applying For Credit
Manage Your Credit
Applying for Credit
Ask yourself these questions before obtaining credit.
- Do I need this?
- Do I need it now?
- Can I wait until I have cash to pay for it?
- Can I get credit?
- How much more will I pay if I buy on credit?
- Can I afford the monthly payments?
- What is the total cost of credit?
- Are there any fees?
- What is the annual percentage rate?