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Credit You hear a lot about this concept called Credit. What is it? Why is it so important? How do you establish good credit? We

Credit

You hear a lot about this concept called Credit. What is it? Why is it so important? How do you establish good credit? We will briefly explore why credit, and a good credit score are part of being a responsible adult.

Grace period

Universal default

bankruptcy

Credit fraud

Identity theft

Installment credit

Credit cards

Annual percentage rate APR

Revolving account

Secured loans

Line of credit

Loan consolidation

Loan shark

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