11+advancedcredit-debt
Credit Card Control
Understand why a credit card is a revolving short-term loan.
5
Lessons in this module
30 min module estimate
1Preview
How a credit card actually works
Understand why a credit card is a revolving short-term loan.
8 minPreview lesson →
2Preview
The grace period
Understand why the grace period is the core value proposition of responsible credit card use.
8 minPreview lesson →
3Preview
Carrying a balance
Understand why the tipping point is carrying a balance.
8 minPreview lesson →
4Preview
Minimum payment trap
Understand why minimum payments are a product design choice.
8 minPreview lesson →
5Preview
Cash back: real or marketing?
Understand why 24% interest vs 1% cashback: net loss of 23% annually.
8 minPreview lesson →
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