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Understanding A Credit Card Statement: Directions: Refer To The Credit Card Statement To Answer The Following Questions
Understanding A Credit Card Statement: Directions: Refer To The Credit Card Statement To Answer The Following Questions
2.6.3.A2
UnderstandingaCreditCardStatement
TotalPointsEarned
TotalPointsPossible
Percentage
Name
Date
Class
Directions:Refertothecreditcardstatementtoanswerthefollowingquestions.
Section
Whattypeofinformationis Whyisthissectionimportantto
inthissection?
review/understand?
SummaryofAccountActivity
PaymentInformation
LatePaymentWarning
MinimumPaymentWarning
NoticeofChangestoYour
InterestRates
OtherchangestoYour
AccountTerms
Transactions
FeesandInterestCharged
YeartoDateTotals
InterestChargeCalculation
Andrewhascometoyouandvoicedhisconcernsabouthavingacreditcard.Heisconsideringgettingridof
hiscreditcard.Asafinancialadvisor,youunderstandthatcreditcardsarefinancialtoolsthatcanbeusedor
abused.WhatthreepiecesofadvicewouldyougiveAndrew?
1.
2.
3.
TakeChargeTodayMay2014UnderstandingCreditCards
FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona