A10. It’s okay to set expectations with your family members around gift-giving this holiday season rather than taking on debt to afford gifts. Remember the best gift you can give is your company and time. #CreditChat
A9. This is a busy time for many! Offer your services as a baby sitter, sign up for a food delivery service, offer personal assistance like shopping, gift-wrapping and more. #CreditChat
A7. As with any loan, it’s important to do your research. Research the interest rate, the monthly payment that will be required and more. Here’s an article from @CNBC Select with more info: https://t.co/KB0ppIwEa9 #CreditChat
A6. Predatory lenders seem to ramp up their advertising during the holidays. Before you are enticed to use one of these services, do your research on the interest rates. Many car title loans carry an interest rate of 300%. #CreditChat
A5. One key benefit of buy now pay later is that you can purchase an item and get it immediately but pay for it in usually four set payments with no interest. Also, it may be easier to be approved for a buy now pay later purchase than a credit card. #CreditChat