A Card is Born: Beginners' Guide to Credit Cards

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A Card is Born: Beginners' Guide to Credit Cards

How Credit Can be a Hero and a Villain.

updated on icon Updated on Dec, 2023

language icon Language - English

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architecture icon Finance,Investment Banking,Money Management Tools,Investing & Trading,Finance & Accounting

Lectures -9

Duration -56 mins


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Course Description

Credit can be a slippery slope, and because many people lack basic financial guidance, it often leads to insurmountable debt for far too many people. Nowadays, across many cultures, a proven credit line is becoming a necessary component of building personal wealth. The great irony of the modern financial system is that you need credit to get credit, and proving you can manage credit is more valuable than showing you don't need credit. Confused? Many people are, thus why it is so important to figure out how the credit system works. 

AROV's "A Card is Born" course teaches the pros and cons of credit card use. The class covers credit-related terminology; explores what to consider when taking on a credit card; distinguishes between simple and compound interest as well as fixed and variable rates; and takes a look at different sorts of credit cards available to the public. 

Learn to utilize credit to your advantage and leverage it to build your financial profile rather than allowing it to entrap you in mountains of debt. If you don't know anything about how credit cards work, here is the first stop of your journey. 

*Hosted by Eddie Sage: All AROV Instructors are licensed teachers (US Department of Education) and certified by the National Financial Education Council (NFEC).*

For any schools or education institutions interested in partnering with AROV, contact us at info@arov.org..

Foe anyone interested in live classes, feel free to visit us at https://arov.org/tutors-teachers.


What will you learn in this course:

  • Develop a better-informed perspective on credit and credit cards.
  • Understand the difference between principal and interest.
  • Learn the history of credit cards.
  • Understand the difference between a fixed rate and an adjustable rate.
  • Understand how credit scores work and what purpose they have.


What are the prerequisites for this course?

  • There are no requirements or pre-requisites needed. This course is open to anyone interested in financial literacy and new to the world of credit.
A Card is Born: Beginners' Guide to Credit Cards


Check out the detailed breakdown of what’s inside the course

A Card is Born: Beginners' Guide to Credit Card
9 Lectures
  • play icon Introduction and History of Credit Cards 08:25 08:25
  • play icon The Difference Between the Top Credit Card Companies 08:50 08:50
  • play icon Understanding Principal vs. Interest 09:26 09:26
  • play icon Credit Limits 04:43 04:43
  • play icon What Determines Interest Rate? 02:09 02:09
  • play icon Exploring Fixed Rate vs. Variable/Adjustable Rate 03:40 03:40
  • play icon Closing Comments 02:01 02:01
  • play icon Additional Benefits of Credit Cards 04:18 04:18
  • play icon Types of Credit Cards 12:49 12:49

Instructor Details

AROV Education

AROV Education

Become Your Dreams

AROV Education believes that the average person can achieve great success in life when they are equipped with two integral bodies of knowledge: financial literacy and effective communication. As such, we aim to provide accessible, practical instruction in these areas as a way to broaden the minds, perspectives, and skillsets of anyone interested. In doing so, we hope more people feel inspired and adequately equipped to pursue their life goals and most ambitious dreams.

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