Credit Benefits
Can improve your ______________ when used responsibly.
Credit Score
Easy to go into _____
Debt
Difficult to go into ______
Debt
Less __________________
Rewards Credit - Give the user rewards for ______________, in the form of ____________
Consistent Usage, Reward Points
Borrows your _____________
Bank's Money
May be difficult to _________
Aquire
Less ____________
Extra Fees
Holds ______ much _______ than amount paid on some purchases.
Funds, Larger
Basic Debit - Spends _________ money
Your Own
Often provides _________________ for usage.
Rewards and Bonuses
Can ______ impact your credit score when used _____
Easy to __________
Aquire
Most cards have __________ on ____ purchases.
Spending Limits, Daily
ATM - Only Debit - Only used for __________ and _________ from your ____________
Deposits, Withdrawals, Bank Account
Allows you to build a _____________
Credit History
Usage can result in ___________ when not paid back in time.
Interest Fees
Doesn't collect _________ on purchases.
Interest
Rarely ever has any ________ or ____________ opportunities after usage.
Cashback, Extra Reward
Affinity Credit - Sponsored by _______
Charities
Offers good ___________ for ______________
Fraud Protection, Unauthorized Purchases
Often has ____________ and ___________
Annual Fees, Foreign Transaction Fees
Help regulate purchases because they are being directly taken from _________
Checking Account
More likely to be held accountable for __________________________
Unauthorized Purchases
Prepaid Debit - Not attached to a __________________ and need to be _________ with ______ before used.
Normal Bank Account, Loaded, Money