Credit History Pay bills on time. Use online and automatic bill pay to avoid late payments. Keep your debt (the amount of money you owe on credit cards)

Slides:

Advertisements

Similar presentations

Have you set sail into the Sea of Credit Card Debt? TSCPA Member, CPA Company/Firm Name.

Advertisements

Forbes.com. Make payments as early as possible. Late payments will negatively impact your FICO score. The longer you pay your bills on time, the better.

Fifth Third Bank, Member FDIC. Eisenhower High School September 15, 2013.

Credit Reports. What is a Credit Report? Credit Report: A record of past borrowing and repayment of debts.

“Get Your Money Right: “Becoming Financially Stable in a Troubled Economy” CPCC TRiO Student Support Services Financial Literacy Series Workshop.

Credit score and review for test. Bell Ringer 1/25/16 What is a credit score? How do you go about building a GOOD score? How do you get a BAD score? Just.

Understanding Credit Cards Learning about the little piece of plastic with a big responsibility Comparecards.com.

Credit Scores, Credit Cards, and Consumer Debt Unit 1: Personal Finance Economics – Mr. Khalil How can your credit score affect your life? What is your.

MATH BELL RINGERS SKILLS FOR EVERYDAY By: Mindy Lingo M.Ed. Sooner Scholar University of Oklahoma.

Financial Planning: Credit Cards

What’s a Credit Score? And how to use credit wisely.

Working Capital Management

Choosing a Bank and a Bank Account

Understanding Credit & Credit Scores

What is one thing you can do if your budget ends with a negative?

Freedom Independence Transition

Credit Reports It is your responsibility to check your score and report any errors.

Teacher instructions:

Banking, Interest, and Credit

Credit scores & Creditworthiness

Attention Identity theft Definition

CREDIT BUREAU A credit bureau is a private company that gathers account information from various creditors and provides that information to consumer reporting.

What are the different ways you could pay for a car?

math BELL RINGERS: Skills for Everyday

CREDIT BUREAU A credit bureau is a private company that gathers account information from various creditors and provides that information to consumer reporting.

Credit reports and employment

SECTION 1: INTRODUCTION. SECTION 1: INTRODUCTION.

Unit 4 - Good Debt, Bad Debt:

Get Out of debt With Debt Academy Discover How to Get Out of Debt Now.

Credit cards Debts.

Who Determines your Score? Three Credit Bureaus:

Personal Financial Literacy: Debt Management and Credit Worthiness

Unit 4 - Good Debt, Bad Debt:

Understanding your credit score

Credit basics Advanced Level.

Financial Planning: Credit Cards

Choosing a Bank and a Bank Account

Credit Reports and Credit Scores

Building Your College & Adult Financial Foundation

Personal Finance Management: Managing Credit

WHY CREDIT? Financial Unit

YOUR MONEY, YOUR FUTURE GAME OF LOANS

LESSON TWO: PERSONAL SPENDING

Understanding Credit Reports

Basic Banking Services

A generation weighed down by debt

Credit Scores Interest on Debt and Interest on Savings

Basic Banking Services

Give Yourself Some Credit

Give Yourself Some Credit

Financial Literacy: Credit Cards

Budget or Bust Banking Basics Property Protection Risky Business Know

Understanding Your Credit Score

What is a credit score? A number similar to a GPA.

Financial Planning: Credit Cards

Credit Reports and Credit Scores

Unit 4 - Good Debt, Bad Debt:

Credit report Lisa Patterson.

LESSON THREE: SAVVY SHOPPING

Give Yourself Some Credit

Credit and Your Credit Rating

How would you obtain goods and services if you did not have any money?

WARMUP Daniel wanted a new flatscreen TV that cost $799. He could purchase it with 10% down and installment payments of $70 per month for 12 months.

Give Yourself Some Credit

Understanding Your Credit and Credit Score

Give Yourself Some Credit

Basic Banking Services

CHALLENGING MINDS, CHANGING LIVES

Pathways to Success Paying the Bills (lesson #11)

Presentation transcript:

Credit History Pay bills on time. Use online and automatic bill pay to avoid late payments. Keep your debt (the amount of money you owe on credit cards) low. Have insurance to protect yourself – medical problems are the largest cause of bankruptcy and if you get in an accident without car insurance your future wages can be garnished, which will become a negative mark on your credit report. Protect yourself from identity theft – check your credit rating at least once per year for free by visiting www.AnnualCreditReport.com. Build your credit rating – when you’re young and starting out you have no credit, which puts you in bad credit territory. You need to use credit to build your credit rating. C2