Name: ____________________________________________ Class: _________

1) What is a credit card.

2) How is a credit card different from a debit card.

3) What is a minimum payment.

4) When do credit cards charge interest? Do you pay interest on everything you
buy on a credit card?

5) What are some advantages of using a credit card?

6) What are some disadvantages of using a credit card?

7) What is a credit score. Why is it important to have a good credit score?

8) How can using a credit card effect your credit score in a good way? In a bad
way?