For young adults just starting out on their own, couples planning for the future, and anyone who needs help in learning to manage their money, one of the most important financial processes they need to understand is the use of credit. This program begins with a brief look at how credit fuels our economy and how advertisers entice consumers to go into debt to supposedly improve their social status. It also describes what credit is and why it is needed, the advantages and disadvantages of using credit, how credit is obtained, and how credit ratings work. Viewers also learn how to establish credit, how to use it wisely, the importance of good credit, and how it affects their futures. This informative presentation concludes with the danger signs of being over-extended and methods for dealing with the problem if it occurs. Give viewers the opportunity to avoid the dangers of credit downfalls and make informed decisions.

A Cambridge Educational Production.

One 35-minute video.