ISBN-10:
1422217728
ISBN-13:
9781422217726
Pub. Date:
Publisher:
Understanding Credit

Understanding Credit

by Helen Thompson

Hardcover

$22.95
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Overview

Credit is essentially borrowed money. When you use a credit card or take out a loan, you are agreeing that you will borrow money now and pay it back later.

In addition to helping you make larger purchases, you need to use credit in order to build up a credit history.

In order to establish a good credit history, you'll need to make sure to pay your rent and bills on time, and keep your debts low. Paying off your debts is the best way to maintain good credit.

If you have poor credit, you'll have a harder time borrowing money.

Having poor credit can limit the choices you can make in your life.

Learn all this and more in Understanding Credit.



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Product Details

ISBN-13: 9781422217726
Publisher: Mason Crest Publishers
Publication date: 09/28/2010
Series: Junior Library of Money Series
Pages: 64
Product dimensions: 7.40(w) x 9.30(h) x 0.40(d)
Lexile: 1250L (what's this?)
Age Range: 12 - 15 Years

Table of Contents

Introduction 6

What Is Credit? 8

Why Do You Need Credit? 10

Different Kinds of Credit 12

Car Loans 14

Student Loans 16

Credit Cards 18

Mortgages 20

Other Loans 22

Good, Bad, & Nonexistent Credit 24

Building Good Credit 26

A Nontraditional Credit History 28

Managing Your Credit 30

What's a Credit Report? 32

What's a Credit Score? 34

Check it Out 36

What if There's a Mistake? 38

Why Does it Matter? 40

Protecting Your Credit: Paying Your Bills 42

Protecting Your Credit: Budgeting 44

What's Identity Theft? 46

The Dangers of Credit 48

What if You Have Bad Credit? 50

Raising Your Credit Score 52

Living Without Credit Stress 54

Here's What You Need to Remember 57

Words You Need to Know 58

Further Reading 60

Find Out More on the Internet 61

Index 62

Photo Credits 63

About the Author and Consultant 64

Customer Reviews