Credit
what is credit
borrowing money
What is a checking account
Provides quick access to funds for transactions
What is a saving account
An account for money not intended to be used for daily expenses
What is financial advice
Information, advice, and assistance with a wide range of financial topics
How do you determine what steps are needed to use the service
You can call, visit, email or search the website
what can you do with credit
Loans
Do checking account earn interestt
Some earn interest but most do not
When can you access money on your savings account
Access to money is more limited than a checking account
What is a save deposit box
Store valuable personal items
Do you have to have an account to use certain services
Yes having an account may be required
What else can you do with credit
Credit Card
when can you access the money at all times
Do you earn interest with a savings account
Yes
Is it required to have a parent/guardian signature
How can you access deposited money in a checking account
Writing checks
Using a debit card
Withdrawing cash
Electronically transferring money
Should you look for a low or high interest rate on a savings account?
Low interest rate
What are special needs payment instruments
Secure types of payments such as traveler’s checks, certified checks, cashier’s checks, and money orders