Khan Academy | Things you should know about your credit card | Consumer credit | Financial Literacy | Khan Academy @khanacademy | Uploaded August 2024 | Updated October 2024, 5 days ago.
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khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:consumer-credit/xa6995ea67a8e9fdd:credit-cards/v/schumer-boxes-and-the-things-you-should-know-about-your-credit-cards
A Schumer box is a standardized format for displaying key terms and conditions of a credit card in a way that is easy for consumers to understand. In a Schumer box, information such as the annual percentage rate (APR), annual fees, balance transfer fees, and late payment fees are all laid out in a table format so that consumers can quickly compare different credit card offers.
Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help!
Donate or volunteer today! Donate here: khanacademy.org/donate?utm_source=youtube&utm_medium=desc
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Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now!
khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:consumer-credit/xa6995ea67a8e9fdd:credit-cards/v/schumer-boxes-and-the-things-you-should-know-about-your-credit-cards
A Schumer box is a standardized format for displaying key terms and conditions of a credit card in a way that is easy for consumers to understand. In a Schumer box, information such as the annual percentage rate (APR), annual fees, balance transfer fees, and late payment fees are all laid out in a table format so that consumers can quickly compare different credit card offers.
Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help!
Donate or volunteer today! Donate here: khanacademy.org/donate?utm_source=youtube&utm_medium=desc
Volunteer here: khanacademy.org/contribute?utm_source=youtube&utm_medium=desc
