Attention: Money 101 will no longer be available after May 31, 2021. After that time the Enrich financial literacy tool will be available at moving forward.

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Credit - Head Matters


4.    Identify Ways to Avoid or Correct Credit Problems

b.    How Negative Consumer Credit Could Affect Your Future

Let’s look at some of the negative effects on the future for anyone who gets into debt trouble. Imagine the following scenarios and match a financial action and the most likely response.

These realities go on and on throughout your life. When you try to buy a car, some furniture, even apply for another credit card, the affects of excessive debt and bad credit follow you.

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