Moneyville

Credit: Tool or Trap?

Credit can be either, depending on how it's used. Used well, credit can be an asset to help build wealth as part of a financial plan; used poorly, credit can lead to debt and can consume an individual's financial resources. As with any tool, credit must be used carefully and with caution.

• An Overview of Credit
• How a Credit Card Works
• Pros and Cons of Credit
• What is a Credit Report?
• How Many Credit Card Should People Own?
• Stolen Cards