More For Your Money - University of Illinois Extension

http://MoreForYourMoney.extension.uiuc.edu

Know Your Credit Limit

Remember, when you use credit you are using or borrowing someone else’s money.  Before you accept credit from a lender, you want to think about how much money you can afford to borrow.  Too much credit can lead to problems.  How do you know if you’re using too much credit?

This activity can be printed and completed by hand, or it can be completed online.
Print Version>

The first step is to add up all your credit.  Using the form below, list all of your auto loans, school loans, personal loans, installment loans, and credit card amounts that you usually pay each month.  Don’t include your mortgage or rent.

 

Debt

Amount

$
Print Version>
This activity can be printed and completed by hand, or it can be completed online.