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Credit Card Assignment

Introduction:

credit cardsCredit cards are convenient, user friendly, and at times dangerous. In this lesson students will learn the joys and dangers of using credit as they help Credita, solve her credit problems. Today's teens are frequently offered credit cards through the mail, and the temptation to "buy now--pay later" for instant gratification, may be quite compelling. This lesson illustrates how quickly credit card purchases can create a dangerous situation for buyers.

1.  What are the hidden costs?

2.  How's your credit?

3.  Calculate the real cost of debt.

4.  What will it take to pay off your credit card?

5.  The true cost of paying the minimum.