Credit Cards 101 (Credit Card Basics 1/3)
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- Опубліковано 24 сер 2024
- In this video, you'll learn the basics of credit cards! We cover what exactly a credit card is, how you can get one, the differences between co-signers and authorized users, and more. Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
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It’s depressing how they don’t teach this to us in school and that we have to come to UA-cam to learn about this
Exactly, I cant tell you how many videos im watching on how to properly use a credit card now and I just got my 1st one the other day😅
My teacher sent me this video but I feel like it’s still important to have a class for this
Yea and my family doesn’t explain shit to me and they want me to fail and not be successful and they always avoid topics like with me they literally hate me and their also jealous and bring me down they don’t answer my questions whenever I ask them.
@@tokyocrystal me tooo , looking all around for videos, gonna get my first credit today @9
I’m actually doing an assignment about this rn😂
It’s me ,I’m jasmine 🤗
Ok
Hi
jasmine mangum we don’t know you
hi! haha nice to meet you Jasmine :D lolol
Woow
So did you understand the basics?
I’m a banker and this helps a lot to explain for to my clients.
Ok Jesus
haha ! i know sometimes i just have such a hard time breaking down this info!
This is the comment I needed thanks !!! I just started
It helps to break things down!
You explained how cashback worked really well. Thanks for the great points
I just got approved for my first credit card tonight. I had to take a crash course. Excited to see how this guys
How’s it going?
This is a great and informative video for people to understand the differences between debit and credit.
i want that magic sharpie that can write in different colors
Me too
Honestly, this went fast.. Or I'm just slow.. Either way, I'm gonna replay this video
I literally watched this at 1.5x speed and it was easier for me to process oop
I'm using these videos for my high schoolers who are grades 10 - 12. Thank you for making them as they are good video supplements. Much appreciated.
Thanks for teaching them that. I'm 25 graduated in 2015 and they never taught this. I just finished learning what it is tonight. Got approved on my first one
I had a meeting with a financial advisor at my bank specifically to discuss credit cards. He gave me the name of a budgeting app, and a vague description of credit cards and pushed me out the door. So now here I am
Very clear and helpful explanation! Thanks
Your videos are very useful and provide lots of information. I have received lots of help, please continue to share this kind of information.
How to pay off by due date tho ... what's the procedure !??
Sketches are really pretty.
Wow that was clear cut and easy to understand I just got approved for my first credit card and this was very helpful
Cràzy im researching years later after high school after F-ing my life😂
Mom set me up for a credit card, now I’m here and completely clueless on what I’m looking at. Thank you for this video
This breakdown is so simple to understand. Thank you for sharing
This is what I need to tell customers when I ask if they want to apply for a credit card (I work retail and we have to sign people up) It's not at all as scary as it sounds, you get reward benefits and help you build your credit score. But people hear credit cards and freak out lol.
14 years old and I’m here early
So basically paying on time builds your credit
Northmont middle school anyone
Video: american colleges require money
Me: laughs in swedish, danish, etc
Northmont anyone???
okay so how does jasmine pay the bank back? w her debit
2:11 What if you want to open a new credit card and you don't have a credit score because it's your first credit card? Are they going to deny you your credit card?
Some places will and some wont. You shouldnt have too hard of a time finding one but the APR will more than likely be high for your first .
try discover it
Y’all using the southpark font
Where do you store the money that you use to pay off? I’m so confused lol 😹
your bank account
I hate banks even more now that I've watched this
Very simple and understandable
Very helpful, thank you 👏🏼👏🏼
Who is here cause of there teacher
What software do you use to create this vide ?
Videoscribe! www.videoscribe.co/en/
Wait so if I get $500 and pay it by the time it is due, that means I get no fees such as APR ? And just pay the $500 back ?
Yep! Interest only accumulates after the due date is past and the balance isn't paid off.
Imagine a digital credit card that
gives you up to $75k in credit
limits to improve the cash flow
of your business. Request for a card today!
imagine having to watch this in UA-cam lmao.. Schools are so useful!!
When they use your name... #DOUBLETAPTHATTHUMBSUP
I love these videos❤
Very informative.
How you write this which app
So if your credit card gives you 2% cash back is the money you receive back now yours or is it still money your borrowing from the bank?
This is totally me right now.
Thank god I’m not in debt
Hi I have a question, so lets say I get a credit card and I have a spending limit of 200, if I spend 100 will that be my balance I have to pay for that month? Or is there a different monthly balance I would have to pay??
50% utilization
Awesome explanation 👏 👌 👍!
*Fundsauce* !!!! Thanks for your working and hitting sauce 💯💸
I always pay off my credit card on time! 🙃🙃
I accidentally put a request for a credit card and I'm getting it soon I'm scared 😭
Thank you jASMINE
That's good to know
My main question is like always and no one answers me.......whats the point of a credit card if you have to pay back in FULL!! If I spend 200 and have to pay have 200 I'm not saving anything or gaining anything 😂😂
I think it’s more useful for ppl who r living pay-check by pay-check cos it gives them time to pay back🤔idk I use Debit😂
@@k0bsessed same i just dont see the benefit of using a credit card if i have to pay back 100%
The point of a credit card is to build credit and get a car or house and plus the money is always there so if theres a payment u need paid asap but dont get your check until 2 weeks or so u can pay it off and pay back the bank when u get your check
@@ur_1v3r for me only the " payment u need paid asap" makes sense house and car my jobs pays enough to be able to afford them one day well i already have the car 2 actually lol
Who else is totally distracted by the hand? 😂😭
Yuuup boring stuff
Been having a credit card for more then 11years my trick is I do not buy what I cannot afford.
Even if they taught this at school y’all would still ditch😂
i feel like im the last man on earth who hates this with a deep passion. recently got a credit card because friends and family keep pestering me about it. I DO NOT CARE about "free money cashback" or "free money" in general. I only have a debit card, and use that for all my bills. only thing going on for credit cards is that it sort of acts as evidence to lenders on how you handle money, thats it.
sauce some answers class
No audio
🙏
It me I’m tommy😃
These are things that school never teaches
j’ai rien compris
Interest is such a evil in mankind
The hand drawing on this video is dizzying and hard to follow
criss roussel m’a te féconder
coucou Roussel
yo roussel comment sa va?
✅
Thanks so much for this break down! I wasn't really sure how they worked! I made a video on my channel about what I WISH I knew
Hehehehe I’m jasmine 😅
This is all american based.. wtf, basically 80% of this does not apply in my country.
Lol this still doesn't want to make have a credit cards.
golum est beau
Criss roussel réveille toi
Stay away from credit card
If you don’t know how to use one, yes
Creditcard is trash 🗑
Debit Card👌
Credit Cards and Banks are your friend people! just dont over do it and you'll be fine :)
Idk about "Banks" being my friend. Anything centralized is not your friend. But credit has it's uses sure.
I’m not even allowed one and I’m 18
@@majorgeneralmacmillan6091 And why would you not be "allowed" one?
Well I'm not sure about that though. But credit cards can be used at times for small purchases, and don't make any payments you can't afford on credit cards or else you'll be racking up in debt.
@@thecasualgamer1389 so if you know what you’re doing and have a strong understanding. they can be used to help you just as much as they can hurt you. know the difference and you’ll be fine! if the borrower has poor habits that’s not the banks fault or the credit card company
All CREDIT CARDS TODAY must have PHOTO ID of the cards same bank cards of any, your go too pass port photo with all ID this photo, used for id credit cards bank cards today this stop all stealing from credit cards as photo taken at all buying as use this trip photo and sent on files
Now I found the real legit man *TRENCHDAWG* I bought my credit card and he worked on my bad credit score now I can afford to pay my bills am really happy now, Legit Dawg ever💯💯
*Fundsauce* !!!! Thanks for your working and hitting sauce 💯💸