Credit & Debt for beginners

Credit cards, APR, minimum payments and credit scores, explained so the system stops costing you money.

Lesson 2 · Credit & Debt

The Credit Card Minimum Payment Trap: How $2,000 Becomes $4,600

Pay only the minimum on a $2,000 card and it takes almost 12 years and about $2,600 in interest to clear. Here is where every payment really goes, and three ways to escape.

▶ 10:10 video 10 min read

Lesson 4 · Credit & Debt

Your Credit Score, Explained: How It Works and How to Build One From Zero

A three-digit number helps decide your apartment, your car loan and your mortgage rate. Here's what goes into it, what drags it down, and how to build good credit from zero.

▶ 9:58 video 10 min read

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