Financial Fact Friday: How To Use Your Credit Card and What Credit Card Companies Get…

Welcome to Financial Fact Friday: Credit Cards 101, PT2: How to Use A Credit Card and What The Credit Card Companies Get Out of Letting You Use Their Services!

In today’s episode, we learn:

1. How to physically use a credit card
2. The four things that happen when you use a credit card
3. How the credit card companies are compensated for letting you borrow their money
4. Introduce the terms “interest” and “fees”

Next week, we’ll talk all about interet and how to pay down you credit card balance!

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