Concept:
A credit card lets you buy things now and pay later.
It’s like borrowing money from the bank, and you must pay it back — usually within a month.
If you wait too long, you’ll pay interest (extra money).
Used wisely, a credit card can help build credit history, which is important for future loans or renting a house.
Example Illustration:
You buy a $50 shirt with your credit card.
You have 30 days to pay back the $50.
If you don’t, the bank adds $5 in interest — now you owe $55.
Key Sign Language Terms (linked to examples):
• Credit Card – ASL video link: “Credit Card”
• Pay – ASL video link: “Pay”
• Borrow – ASL video link: “Borrow”
One-Sentence Summary:
A credit card is a tool to buy now and pay later — but if you delay, it costs more.