Interesting Facts
Benefits
Fraud
Disadvantage
Misc.
100
where the first credit card could only be used
What is New York
100
What is the main reason why people get credit cards?
What is speed, don't have to wait to save up.
100
$24.71 billion
What is the amount of credit card fraud in 2016
100
most common mistake people make using credit cards
What is overuse
100
a number assigned to a person that indicates to lenders their capacity to repay a loan
What is credit score
200
average household credit card debt
What is about $15,000
200
What do some credit cards offer?
What are rewards?
200
percent of Americans have been victims of credit card fraud
What is 45%
200
worst thing about credit cards
What is high interest rate
200
670-739
What is good credit score
300
What were the first credit cards made out of?
What is paper
300
difference between debit and credit cards
What is lower interest rates
300
state with the most amount of credit card fraud
What is Florida
300
group of people that get charged high interest rates
What is college students
300
annual percentage rate
What is APR
400
How many credit cards are in the US.?
What is 1.4 billion
400
this happens when you are unable to go to a trip that was already billed to our account
What is money back or up to 1,500$
400
year with highest amount of money lost due to credit fraud
What is 2008
400
highest risk of credit cards
What is identity theft
400
credit history, size of down payment
What are key factors of APR
500
How old do you have to have a credit card?
What is 18 years old?
500
automatic car rental, low loan costs, positive credit score, online purchases
What is are perks of Credit Cards?
500
highest type of credit card fraud
What is online
500
this happens when you apply for too many credit card accounts
What is a lower credit score
500
Pay off your balance every month Use the card for needs, not wants Never skip a payment Use the credit card as a budgeting tool Use a rewards card
What is advice for good credit
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