Don’t Be a Revolver; Be a Deadbeat!


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Ok, so what does that mean? Why shouldn’t you be a revolver? These are terms that people in the credit card industry use to describe their customers. A “revolver” is someone who rolls over part of their credit balance month to month rather than paying the full amount. However, interest rate fees are charges to the user, and they end up paying more than what they actually owe. This is a way the credit card companies can make more money off their customers. A “deadbeat” is someone who pays their balance in full every month. Credit companies do not like “deadbeats” because they cannot charge them interest fees and then make more money off them. is a great website that explains these definitions in easy terms and has more easy to understand information on credit card use. 

It can be hard to not be a “revolver.” Buying something expensive now and enjoying the use of that item is enticing, but is not a good practice. If you are a “revolver” and you make your payments on time, then you will be rewarded with a higher credit limit, because the credit issuers are hoping you start revolving an even bigger balance! The way to avoid revolving your credit is to pay your balances in full if you can, or just make sure you only buy items you can pay for within the next month. If you do not do this, you could eventually acquire a large amount of debt. The game at is a good lesson on how you should only buy things you can pay off so that you do not become a “revolver.” Fees are charged if you cannot pay the payment in full, which makes the celebrity not happy. Do this too much and you will be fired from your job of watching over a celebrity’s finances. Celebrity calamity teaches you the correct way to use a credit card -- by becoming a “deadbeat!”

Student Editor: 


Credit cards can be really

Credit cards can be really scary and overwhelming at first. But with responsibility and the right bank to trust on, it can get pretty great.