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Exploring Strategies for Avoiding and Managing Debt

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Title | Exploring Strategies for Avoiding and Managing Debt |

Signpost A, Part 1: Learning Check | When does it make sense to use a credit card? | You can use credit any time as long as you plan to pay off the card at the end of the month. | Don't use a credit card unless you need it to gain a benefit or because the transaction requires it. | Just be careful not to over-use your credit card and you'll be fine. | Really, just never use a credit card. They're dangerous. | | How many credit cards should I have? | Do not get a credit card under any circumstances! | Get as many as you need in order to gain all of the benefits possible. | Make sure you have a few cards with different interest rates and options. | Limit yourself to a small number of credit cards. | | I want to buy something but don't have the cash on hand. Is it ok for me to put it on a credit card? | Just don't use credit cards at all! | No, never. You should only buy things on credit that you can pay for with cash. | Sure, just don't go crazy. That's what credit cards are for, after all. | You can do this only if you have a specific plan in place to pay off the debt. | |

Signpost A, Part 2: Learning Check | I heard that there are actually several credit agencies. Is that right? | No, there is only one. | Yes, there are three. | Yes, there are five. | Yes, there are seven. | | What does the score range from? | 1 to 100. | 100 to 850. | 300 to 850. | 300 to 1000. | | What's generally considered a good score? | Anything over 500. | Anything over 600. | Anything over 700. | Anything over 800. | |

Assessment A, Part 1: Signs of Credit Trouble and Good Practices Managing Debt | Which of the following is a sign of credit trouble? | Limiting yourself to a small

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