Wednesday, October 31, 2007

Learning plastic's pitfalls

High school seniors spend time getting savvy about finances, and how a credit card fits into one's budget.

The students of one of Tracy Parido's classes at Central York High School received a run-through of the ins and outs of establishing and keeping a good credit report Monday afternoon with the help of a representative from Commerce Bank.

"Lots of people get out into the real world and don't know how to even balance a checkbook," Donna McCleary, assistant head teller of the Commerce Bank branch in Red Lion, said.

The presentation covered everything from interest rates to protecting themselves against identity theft, as well as credit records to what some graduating seniors will have to deal with in the near future - managing personal finances.
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[Source: Yahoo! News Search Results for credit cards]

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