Introduction to Credit Cards and Debt Reduction
June 5, 2009
Mighty Bargain Hunter has a great piece about the recent credit card legislation. Since a lot of people don’t know too much about credit cards, I wanted to create a simple video to explain the basics.
Credit Cards are one of the most misused and misunderstood instruments in personal finance. This video talks about the difference between credit and debit cards, the concept of a “grace period,” and a basic discussion on some of the major fees incurred.
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