Continue Your Success

So you feel like you have a handle on what credit is all about? Excellent!

Before you move on, get out the terms and conditions for your credit card. If you can’t find them, call your credit card company and ask it to send them to you. Or, you might be able to find the terms and conditions online at your credit card company’s Web site.

Carefully read the terms and conditions. What are all the fees your lender can charge? Do you think you’ve paid some of these fees without knowing?

Go to www.bankrate.com. Compare terms and conditions for credit cards listed on its site. Use this exercise to train your eye on what to look for when you read offers for credit. It will help you become a savvy shopper for credit.

See the "Credit in My Life" Worksheet >>

Using this worksheet, make a list of ways credit has improved your financial fitness, and ways that it has set you back. Make notes of what you learned. Write an affirmation that will help you continue making good credit decisions. Then write an affirmation that will help you prevent from repeating past mistakes.