1. C HAPTER 5 Consumer Credit “ Borrowing money is like wetting your bed in the middle of the night.At first all you feel is warmth and release.But very, very quickly comes…

Slide 1Chapter 07 Choosing a Source of Credit: The Cost of Credit Alternatives McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.…

Slide 1Teacher instructions: 1.Print the lesson, 2.Display slide 2 with Procedure steps 1 and 2 in the lesson. 3.Display slides 3 and 4 with Procedure step 3. 4.Display slide…

1.How to be Money Smart: Twelve Things You Absolutely Need to Know Barbara O’Neill, Ph.D., CFP® Rutgers Cooperative Extension [email protected] Twitter: @moneytalk1…

1.5B Consumer Credit #2  Covered so far…  Advantages and disadvantages of credit  Types and sources of credit  Credit capacity (how much you can afford) …

1.C HAPTER 7 7-1 Personal Finance Choosing a Source of Credit: The Cost of Credit Alternatives KapoorDlabayHughes 7e2. Sources of Consumer Credit Inexpensive loans. Parents…

1. C HAPTER 7 7-1 Personal Finance Choosing a Source of Credit KapoorDlabayHughes 6e Irwin/McGraw Hill 2. Sources of Consumer Credit Inexpensive loans. Parents and family…

Slide 1 Chapter 7 Choosing a Source of Credit: The Cost of Credit Alternatives Chapter 7 Choosing a Source of Credit: The Cost of Credit Alternatives Slide 2 Chapter 7 Learning…

Slide 1 Borrowing Money Slide 2 Borrowing  Get a loan  Repay that amount PLUS interest  Amount repaid depends on: Rate of interest ○ High = more money spent ○…

Slide 1 Teacher Instructions 1.Print the lesson, 2.Display slide 2 with Procedure steps 2 in the lesson. 3.Display slide 3 with Procedure steps 3. 4.Display slide 4 with…