Step #1: - Choose a purchase you would some day like to make using some type of credit. Step #2: - Research how you obtain the credit needed to make the purchase of your product. How to maintain good credit during the purchase of this product and research what would happen if you would misuse the credit. Step #3 - Write your paper: You should cover three main points. How to obtain the credit How to maintain good credit What happens if you misuse your credit. Create a chart or something similar that illustrates what a monthly payment would be on a $1,000.00 loan at 12,99% interest. Conclude your paper with the following: An interesting idea about credit A fact about credit