Assane Diop Computer Business Pd. 8
Payments, Interest rates and Credit cards are components of Financial Literacy. Payments are ways of paying in different ways like; •Cash,
Checks, Money Order, ATM Cards, Debit Cards, Credit Cards, Merchant Credit
Cards, Money Advances and Payday loans. Interest Rates can be beneficial and hurt you. The way it can help you is if you choose a fitting banking account it can help you make money and save money. Credit Cards are another way of paying but it can put you into debt most of the time. You can purchase items on your credit card but at the end of the month, you are going to have to pay the credit card company the money back and some times more.
