Identity Theft
Identity Theft is no fun. It's when someone uses your personal information, like your name, Social Security Number, credit card number, or anything else without your permission to commit fraud and other crimes. The Federal Trade Commission estimates that roughly 9 million Americans have their identities stolen each year*, and college students are particularly at risk. Read how to protect yourself at the Ultimate Money Skills site.

*www.ftc.gov

Interest
Not what the opposite sex shows you! Snap! Really, though, it’s a percentage that you get charged on loans you get, like on your student loans or a credit card that gets added on to your principal. See APR.