What is credit? What is consumer credit? What are the benefits and detriments of using credit. Forgive me for taking on the role of Southern Baptist Fire-'n'-Brimstone Backwoods Preacher but I literally see red when we get to this chapter. There is an entire industry whose main aim is to stick their needle into your arm and suck your blood ... for the rest of your life! Learn how to protect yourself from their wily schemes and strategies. We also learn a method to safely build your credit score for those who have no credit history or have an unfavorable bad credit history.