History/Increasing
When was the first concept of credit cards created?
1700s!
Where should I get my credit report from?
Identity IQ!
What are credit scores?
3-digit numbers that show how you handle your credit
Where should I go to get my credit card? A bank?
NO, go to a credit union!
What should I consider before I choose a credit card?
Income, how likely you are to use it, what you need it for.
What is ONE credit reporting agency?
Equifax, Experian, TransUnion.
I see inaccuracies in my report. What should I do?
Force them to fix it and completely remove it from your report. Then send an investigation letter!
I can't make a payment for my credit card and it's going to be late, what should I do?
Pay off the MINIMUM amount!
Why can't I miss my payments?
Makes you higher-risk and ecause your credit score will decrease!
Name ONE type of credit card.
Rewards cards, Low-interest cards, cards for no credit or bad credit
What was the name of the first modern credit card?
The Diners Club credit card
How much money should be in my emergency reserve?
Enough to cover living expenses for 3-6 months!
What is a soft inquiry?
Why should I set up automated payments?
To avoid making late ones; more efficient.
If I have a good credit score, which credit card should I be likely choosing?
Rewards credit card!