It's been called "imaginary riches." But how can something imaginary cause such real-life financial trouble? Believe it or not, it can! And that's why this program gives viewers sure-fire ways to avoid the pitfalls of using credit.

You'll learn about:

• the difference between simple interest and compound interest
  
• finance charges and annual fees
  
• how to read a credit report
  
• and, most importantly, discover the secrets to a good credit rating!

You'll also discover how your credit today affects your credit tomorrow. Learn about credit cards, debit cards, loans, and debt as this program explores the advantages and disadvantages of using credit.

Viewing time: 20 minutes. 2002.

ILX

1008