Credit cards work by electronically pulling money from a bank to pay for transactions with a vendor. Understand that money spent on a credit card is not your money and must be paid back. Avoid abusing credit cards with tips from a registered financial consultant in this free video on credit cards.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC
@XXXdc5 If it can make sense to a 5 year old, then it's more than helpful. Maybe you need him to dumb it down further?
nlytend1 10 months ago
Only In America
paul1967uk 10 months ago
@XXXdc5 It gives me a general idea and helps me to understand - you can be any age, you'll be surprised how many people don't actually understand them anymore than I do - this is helpful :)
PM1970 1 year ago
Obviously he is explaining how credit cards work in the most clear way possible.
something8right 2 years ago
worst explanation ever. what are you explaining to a 5 year old or an alien? this was not helpful at all.
XXXdc5 2 years ago