Credit Score
True or False: Having more than one credit card is bad
False, having more than one could actually be better
What is the cost of credit?
A yearly interest rate
What is open end credit?
A preapproved loan
What is a good credit score in FICO?
600-800
There’s a team in the NFL that has neither hosted or played in the Superbowl, what team is it?
Cleveland Browns
What is closed end credit?
A type of credit that should be repaid in full amount by the end of a term
What is Payment History?
When and how much you payed your loans and credit card bills
What percent of the US actually have a score above 800?
16%
What are two things you should consider when selecting a credit card?
Interest rates/Rewards
What is the only team to have their logo on one side of their helmets?
Pittsburgh Steelers
You should never pay it down to what?
ZERO
Who can check your credit score?
Banks, Yourself, your employer, insurance companies, and government agencies
What is APR?
Annual Percentage Rate
Your balance must stay under what percent?
30
In the 1997 film Titanic, what actor played the main protagonist?
Leonardo DiCaprio
What are the names of the 3 big credit score companies?
Equifax, Experian, and TransUnion
What types of purchases should you use your credit card on?
SMALL purchases
What are your credit scores based on?
Payment history
How much of the US has a credit score lower than 700?
Almost HALF
What is a hat-trick in Soccer?
When a player scores three goals in one game
What is the highest score in FICO?
800
How old do you have to be to apply for a credit card?
18
When bills come, when should you pay them?
IMMEDIATELY
What is new credit?
The loans and credit cards applied over a short period of time
Who holds the best rookie passer rating in the entire history of the NFL?
DAK PRESCOTT !!!!!!!!!!!!!!!