VIDEO: Comparing Cards
Before you decide whether you should open a credit card, you need to understand how it differs from a debit or prepaid debit card.

INFOGRAPHIC: What Young People Need to Know About Credit
There’s a ton of good information on this infographic, but let’s focus on two sections which will explain Why Credit Is Useful and, farther down the page, How Young People Get Credit.

VIDEO: Things to Consider When Applying for a Credit Card
Let’s assume you’re going to open a credit card – and you have a plan for how you’ll qualify for one. There are hundreds (or more) cards available to choose from. How should you decide which one is best for you? This video will highlight four important factors – Annual fee, APR, Penalty fees and rates, and Grace period. Watch the video to learn more. Then, answer the questions on your worksheet.

LEARNING TARGETS:

• I can enumerate the differences between debit, prepaid debit, and credit cards.
• I can identify at least 3 ways a young adult can gain access to a credit card, even before they are 21.