Credit
What payment type helps you build credit ?
Credit Card
What are the 3 main credit calculating companies?
Equifax, TransUnion and Experian
A person with poor credit is considered _____ ______
High Risk
What did the traffic light say to the car ?
“Don’t look I’m about to change!”
What will help you have an excellent credit score?
Paying bills on time and letting the credit company know of an misinformation
What is the range of credit scores?
300-800
A person with excellent credit is considered ____ _____
Low risk
What do cows most like to read ?
Cattle-logs
What can lower your credit score?
Not paying your bills on time
Bankruptcy, Foreclosure, repossessionsWhat is the average credit score?
600-750
What does it mean to be “High Risk?”
High risk means you are more of a risk of not paying your loans and expenses off
Why are frogs so happy ?
They eat whatever bugs them
What is a credit score?
The probability you will pay off your bills on time
What will happen to your interest rates with a low credit score?
They will be higher
What does being “Low Risk” mean?
Being low risk means you are less of a risk to banks to lend money to because you will pay off your expenses.
What do you call a guy with a rubber toe?
Roberto
Why is it good to have an excellent credit score?
You will be able to get loans for things you want in life
What will your interest rates be if you have an excellent credit score?
They will be lower and cost you less
Does time effect your credit score?
Yes, the longer you have the credit card and pay it off on time, the higher your score will be
Why did the chicken cross the road halfway?
She wanted to lay it on the line