Financial Literacy in Public Libraries: A Guide for Building Collections: Credit and Debt
This guide was created by the ALA Office of Research & Evaluation, and funded by the FINRA Investor Education Foundation. [New books added 4/4/2022
Credit and Debt
Credit and Debt Websites
Websites
- 360 Degrees of Financial Literacy: Credit and DebtAnswers to commonly asked questions about credit from the American Institute of CPAs.
- Check Your Credit ReportA step by step video and Q&A for checking a credit report from the Federal Trade Commission.
- Consumer Information on Credit CardsInformation on credit card agreements, including college credit cards, from the Consumer Financial Protection Bureau.
- Credit Card Interest CalculatorA calculator to see the amount of interest that shall be levied when the credit card holder repays only the minimum amount or partial amount or doesn’t pay the full amount due.
- Credit Card Minimum Payment CalculatorThe Credit Card Minimum Payment Calculator can be used to calculate the minimum amount that shall be required to be paid by the credit card holder at every end of the billing cycle of the credit card.
- Credit Card OptimizerThe Credit Card Optimizer helps you determine the best distribution of your credit card debt. By entering your credit card balances, rates and credit limits this calculator determines which balance transfers will produce the greatest savings.
- Credit Card Pay OffA calculator for determining what it will take to pay off your credit card balance, and what spending changes are needed to meet repayment goals.
- Credit Cards and ReportsArticles on Credit Cards from 360 Degrees of Financial Literacy brought to you by the American Institute of CPAs.
- Credit Counseling and Debtor EducationA state-by-state listing of agencies approved by the U.S. Justice Department for credit counseling and debt education.
- Credit DiscriminationA handout on credit discrimination from the Consumer Financial Protection Bureau.
- Dealing with DebtDebt management resources from the Federal Trade Commission.
- Federal Trade Commission Consumer InformationConsumer Information on money and credit from the Federal Trade Commission (FTC).
- GovLoans.govFederal loan information from the U.S. Government.
- How to Obtain Your Free Credit ReportStep-by-step instructions for obtaining a free credit report from each of the three national credit reporting agencies.
- How Your Credit Score Impacts Your Financial FutureAn overview from FINRA of the importance of good credit.
- National Foundation for Credit CounselingComprehensive information about credit and debt topics, with a focus on counseling services.
- Smart About Money—Credit and DebtA basic self-paced courses from the National Endowment for Financial Education (NEFE).
- Student Debt ReliefInformation and resources on student loan payment options from Equal Justice Works, a nonprofit dedicated to justice and equality for all citizens.
- What is Credit?Experian's definitions for several types of credit and why credit is important to have.