Financial Literacy Coordinator Derek Brainard shares some important information on what students should know about credit, credit cards and the ever-important credit score.
Credit cards can be necessary and useful, and have become more ubiquitous than cash. But if you don’t have a strategy for using and understanding credit, credit cards can lead to financial mistakes and debt.
In this edition of the Money Matters series, Financial Literacy Coordinator Derek Brainard shares some important information on what students should know about credit, credit cards and the ever-important credit score.
Brainard, an Accredited Financial Counselor, oversees the Office of Financial Literacy, a unit of the Office of Financial Aid and Scholarship Programs. Members of his peer financial coaching team offer financial education to students on money basics, including budgeting, credit, saving, earning and investing. To schedule a free appointment with the team, email FinLit@syr.edu with “coach” in the subject line.
