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
Those eggs were a lie______
Steven
What will help you have an excellent credit score?
Paying bills on time and letting the credit company know of an misinformation
What is considered a poor credit score?
Anything below 500
A person with excellent credit is considered ____ _____
Low risk
Yellow Black Yellow Black OO ______ and ______ lets shake it up a little.
Black and Yellow
What can lower your credit score?
Not paying your bills on time and calling often to know your score
What is an excellent score?
anything above 700
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
Hey I've been meaning to ask do you like _________
Avacado
What is a credit score?
The probability you will pay off your bills on time
What will happen to your interest rates with a fair 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 has 13 hearts but no organs?
deck of cards
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
Bye ______
Felicia