Documents Chapter 6: Credit Use and Credit Cards. Objectives Compare and contrast installment and...

Slide 1Chapter 6: Credit Use and Credit Cards Slide 2 Objectives Compare and contrast installment and non-installment credit and discuss the costs of credit. Discuss reasons…

Documents What is Credit?. Credit is an arrangement to receive cash, goods, or services now and pay for them.....

Slide 1What is Credit? Slide 2 Credit is an arrangement to receive cash, goods, or services now and pay for them in the future. Borrowing money or using a credit card is…

Documents OPEN-END CREDIT. “Clear and conspicuous” Written In a form the member can keep GENERAL...

Slide 1OPEN-END CREDIT Slide 2  “Clear and conspicuous”  Written  In a form the member can keep GENERAL DISCLOSURE REQUIREMENTS Slide 3 What to do about: …