Types of Credit: How Credit Cards Work

Enhance your understanding of credit with this informative elearning course, How Credit Cards Work, where we’ll review the basics you should be aware of when using credit. In the course we will discuss processing, interest and cardholder fees and how they work with credit cards, and cover what balance fees are. We’ll look at how cash advances work, and discuss the pros and cons of using them. Finally, we will look at the differences between secured and unsecured cards and discuss strategies to help you manage your credit card use.

Part of our series on Types of Credit, the How Credit Cards Work course includes a video lesson, downloadable student materials and a short online quiz to check your comprehension.