Learn how to spot the 3 most common traps of credit cards, and how they can lock you into a cycle of interest, fees, and debt.
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While useful for secure purchasing, emergencies, and building credit scores, credit cards can make it difficult to avoid overspending. And this is no accident. Credit card systems are intentionally designed to encourage spending and lock you into a cycle of interest and fees. So, how can you avoid their most common traps? Explore 3 ways that credit card companies take advantage of their customers.
Directed by Jeff Le Bars, JetPropulsion.space.
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View full lesson: https://ed.ted.com/lessons/3-things-to-never-do-with-a-credit-card
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