Equity
This promotes fair credit for all.
What is Financial Education?
Like splitting a pizza into slices, Buy Now, Pay Later does what.
What is splits large purchases into smaller payments?
Like an F on a report card, this is the lowest numerical number for a credit score
What is 300?
Like checking your own grades in school, doing this to your credit score won't hurt it
What is checking your credit report?
Like turning in homework on time to keep good grades, this is the most important habit with bills
What is paying on time?
Just like everyone getting a turn in a game at recess, this means everyone should have a fair chance with money
What is financial equity?
Just like forgetting your homework, missing a Buy Now, Pay Later payment leads to this
What is bad consequences? (Like late fees or a bad grade)
Like grades in school, this number shows if you're good with money
What is a credit score?
Just as having lots of video game consoles doesn't make you better at gaming, having this doesn't automatically mean better credit
What are many credit cards?
Just as you check your game stats to see how you're doing, credit champions regularly check this
What is their credit report?
This is the unfairness or injustice in the way people are treated, such as racial minorities, especially Black and Indigenous communities, facing discrimination in areas like housing, education, and employment.
What is inequity?
(the unfairness or injustice in the way people are treated)
Name one of the Smart Habits for Buy Now, Pay Later
What is 1) Save up instead of splitting payments 2) Only buy what you can afford or 3) Ask yourself: "Do I really need this?"
Just like moving forward in a video game, this happens to your credit score when you make good choices
What is my credit score goes up?
Similar to how using up all your phone memory makes it slow down, using this much of your credit limit can lower your score
What is more than 30% of your credit limit?
Like telling a friend when you need help with a tough video game level, credit champions do this when confused about money
What is ask for help and/or seek professional help when needed?