Anne-Marie Saint-John, Alva, Long Island City, NY >
It is important to understand the costs of different forms of credit. Some forms of credit may be easier to obtain than others, but there will always be associated costs.
If you are thinking about applying for a loan or opening a credit account, your first step should be to calculate how much it will cost. You should then see whether or not you will be able to pay for it and look for the best options. When applying for the credit, there are three main terms you need to be familiar with: