Web Extra: Workbook #3 - Answers on Credit

Part of being financially fit is assessing where you are now, so you know where you have to go. To help you get there, we’ve created free, downloadable workbooks that cover everything from the cost of owning a car to your emotional relationship with money.

In Tuesday’s Web Extra, Carmen takes a look at a few questions from Workbook #3 – The New Rules of Borrowing.

The first question is:

Credit card companies can change your interest rate…

A) But they rarely do

B) Whenever they feel like it

C) Once every calendar year.

The answer, of course, is ‘B.’ Watch the video below for answers and explanations of more questions from the workbook.