Types of Credit: How Credit Cards Work

Created by: HSI - Health & Safety Institute Top Author
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Last Updated 11/2022
English
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Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

Understanding exactly how a credit card works is the first step to using it wisely. That's what we'll cover in this course. We'll talk about the use of chips, magnetic stripes, and mobile apps. We'll discuss various fees associated with credit cards, including processing, interest, cardholder fees, and balance transfer fees. We'll also go over how cash advances work and the differences between secured and unsecured cards.

Frequently Asked Questions

This course is designed for employees who need to complete Types of Credit: How Credit Cards Work training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 5 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.

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