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Published byAdelia Casey Modified over 9 years ago
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Good Day This is your 30-Second $ Asset Development $ Training ENJOY Click here to begin
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What is a Credit History? A personal financial profile. A course at a local university on the history of credit cards. Something that can keep you from getting a job. A credit card that can only be used for purchases of historical items.
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CLOSE… but not quite… A credit history does provide background information; but, in this instance, it is about an individual’s use of credit not the overall history of credit. Try again. “Remember that credit is money” Benjamin Franklin
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A bad credit history could keep you from getting a job, to learn more, please try again. “The most important thing for a young man is to establish credit - a reputation and character.” - John D. Rockefeller POSSIBLY…
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Not even close…. Really? A credit card that can only be used for purchases of historical items? Try again.
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CORRECT!!! Your credit history is a financial profile that lets lenders, landlords and employers know how you have handled money in the past and helps them determine whether to do business with you. This history is obtained through a credit report that is kept on file through three independent credit bureaus. For more information about the importance your credit history can play in determining your financial path, visit: http://www.practicalmoneyskills.com/personalfinance/creditdeb t/history/ http://www.practicalmoneyskills.com/personalfinance/creditdeb t/history/ 30-Second DPN Trainings are a National Disability Program Navigator collaborative effort
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