The document discusses consumerism and different aspects of using credit. It defines consumerism as educating buyers about purchases and demanding better products. It outlines five basic consumer rights. It then defines credit as receiving funds for future payment and explains why people use credit and different types of credit like installment debt. It discusses financial institutions that provide credit and different ways of receiving credit through charge accounts and credit cards. It emphasizes the importance of credit reports and maintaining a high credit score.
Federal law states that everyone has the right to get one free credit report every 12 months from each of the major credit reporting companies - Equifax, Experian and TransUnion
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