Tuesday, May 26, 2015

1.               What social pressures may lead young adults to obtaining credit cards?
2.                How can credit cards be used as a useful tool for people?
3.                  How much responsibility should be placed on the credit card companies regarding allowing people 
            to have access to multiple credit cards?
4.                 If someone starts to get into credit card debt, what steps would you recommend they take in order to get out of         it?  (Pretend you are the one in debt)
5.                Explain each of the three types of credit cards.
6.               What should a person look for when shopping for a credit card?
7.               What costs are associated with credit cards? Why is it important to shop around for credit cards?
8.               How does the Schumer box help consumers?
9.              Explain the two types of disputes that could arise with a credit card.  For each dispute, what should you do?
10.         How has technology played a role in credit card fraud?
11.         What important safety tips would you recommend someone doing who owns a credit card?
12.        What are the Three C’s of Credit? How is each used to determine whether a person receives a loan or not?

13.        List 4 things you can do to build credit history.