1. Consumer Credit Basics Use credit wisely to enjoy personal financial health.

2. Consumer Credit Basics The benefits and costs of using credit Basics concepts in consumer lending Credit scores Using credit wisely

3. Use Credit Wisely Build credit Big items; house, car, college Convenient & safe Emergencies

4. Use Credit Wisely Easy to live beyond your means Easy to get into credit trouble Hard to get loans for big items or emergencies with bad credit

5. Credit 101 Installment or Revolving Secured or Unsecured

6. Credit 101 Installment or Revolving Secured or Unsecured The 3 Cs of Credit: 1. Capacity 2. Capital 3. Character

7. Credit 101 Installment or Revolving Secured or Unsecured The 3 Cs of Credit: 1. Capacity 2. Capital 3. Character Credit Score

11. Use Credit Wisely Pay on time Pay in full or more than minimum Evaluate purchases Avoid fraud

12. Use Credit Wisely Pay on time Pay in full or more than minimum Evaluate purchases Avoid Fraud Over limit fees Convenience fees/interest Cash advance

13. Credit Help Communicate with lenders Talk to a financial counselor Work out a budget Prioritize debts

14. MCUL Financial Education MCUL Consumer Financial Education Library Financial Health course Lovemycreditunion.org CU Village Financial Resource Center