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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

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