You may be able to find additional income, cut back on expenses or change your lifestyle to handle the crisis. Fargo . . . 746-4584 Minot . . . Consumer credit in its many forms is one of the most powerful economic forces in our society. When used wisely, it can be a tool that can help a family realize its goals.
Future income is used to buy goods and services for immediate use at today's prices.
Consumers can take advantage of sales, raise their standard of living and have ready access to funds and merchandise in case of a financial emergency. Used carelessly, however, credit can be a mixed blessing. On top of it all, the total costs for the good or service has increased due to the finance charges. The trick of wise credit management is to maintain control of your credit use. When your credit obligations begin to control you, it is time to look seriously at how you are using credit.