Category Archives: Ch. 6, Credit Cards

How Best to Pay Off Your Debt

There’s no question, the logical way to pay off debt is to go after the debt that you pay the most interest on first, and then work down to the accounts with the lowest interest rate.  In spite of the … Continue reading

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College Students and Credit Cards – Some Tips

In a recent article in Time Magazine, “College Students Are Credit Card Dunces,” it was reported that college students really don’t know much about the credit cards they have.  In fact, while 70% of undergrads and 96% of graduate students … Continue reading

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Heads Up to Students – An e-mail to Your Students: Dealing with Student Debt

If you’ve got student loans and you’re like most students, you try not to think about it.  But at some point you’re going to have to deal with them – and while that’s not going to be pleasant, there are … Continue reading

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Class Discussion: The Downside of Student Loans

Teaching tip: There is a very good, short, three and a half minute video with the author of the article that can be played in class to begin a healthy class discussion.  It works well in particular is you have … Continue reading

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Class Discussion and In-Class Introductory Quiz: Your Credit Score

Teaching Tip:  This “quiz” is a great way to begin your lecture on credit scores.  While this exercise can be done online, it can just as easily be done in class, where the correct answer and reasoning behind that answer … Continue reading

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Finance in the News & Class Assignment: Credit Reports and the Job Market

As we learned in Chapter 6, your credit report and score have a major impact on the interest rate you will pay when you borrow money.  In addition, as we learned in Chapter 10, your credit score can also impact … Continue reading

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Avoiding Credit Card Late Fees

At some point in your life you’re probably going to be hit with a credit card late fee – things just seem to happen.  Fortunately, as you learn in Ch. 6, the new credit card rules that went into effect … Continue reading

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