How Does a Credit Card Work?

Here's everything you need to know about credit cards and how they work.

[nevikgnehz]

Every kid should watch this. They don't ever teach this shit in school. Well at least in my school. It's depressing.

[davidhernandez]

this and taxes is what i should've been taught in high school lol

[Romeo-gmdc]

The fact that they never teach you none of this in school blows my mind

[WalterTheExaltor]

Sad to say I’m 25 years old and just now know about this lmao

[chiddybrendan]

For some weird reasons, understanding how a credit card works has been difficult for me, this explains everything for me and made me look like an idiot! 😂

[d.dan]

The fact that a 3 minute video taught me more about this than what school taught you for 10 odd years is crazy. Thanks so much for helping.

[crazycatzeus]

Why does Sam look like he is going thoughy midlife crisis

[hugodinis]

Video should be called: How banks make money

[larodericks]

21 years old, and just now figuring this out. Can’t blame nobody but myself for the lateness. Let the grind begin!

[edwardreyes]

im a man child and I don't know how adult things work, this was really helpful

[Monet_theebaddiee]

thank God i just got approved for my first secured credit card with a $200 credit line this info is helpful

[DanLewis]

I'm 28 years old and never had a credit card because I've never really understood how they work.. yet watching this video has made it seem so simple

[pankajmittal]

Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you!

[brightwhite]

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *Linux tech corps* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

[zerocopy]

I've seen people use credit cards in shows all the time but never knew how they actually worked until now.

[carlosavalos]

im 14 years old and basicly what i learned is credit cards are loans and used for mainly emergencys like if you dont get paid for a week or two and you dont have money in your bank debit card or the ones you buy in the store idk depends on what you use if you need money you use the credit card then when you do get paid you would or should pay above minimum like if the minimum is lets say 35 dollars you should pay 50 instead because when you do pay 35 the intrest wont effect as much. Thats what i learned from my brother

[derekbrown]

YouTube: teaches you the basics of being an adult.

Public school: The big yellow one is the sun

[DeeCaramelBeauty]

I was approved for a chase unlimited card for 3, 500 👌🏽🙌🏽 this video helps a lot and I’m very responsible

[sweep]

ahh thank you, for making the video simple and easy to understand by adding demonstrations and examples such as the couch and the mini fridge thing because I usually get confused in other videos though confused.

[emrekatana]

I stumbled across your video and instantly knew this was made for me. I'm going through the same thing with my business but just knowing that I'm not the only one who's experienced this just pushes me to go harder. Continue to put out informational content and sharing your story, THAT is what separates you from the rest. Much gratitude Monique and *850financial assessment* was so helpful during the process of boosting my credit