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© South-Western Educational Publishing Chapter 17 Credit Records and Laws Establishing Good Credit Credit Ratings and Legal Protection
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GOALS © South-Western Educational Publishing Lesson 17.1 Establishing Good Credit Discuss the importance and purpose of credit records. Describe the five C’s of credit Explain how to get started using credit.
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© South-Western Educational Publishing Credit Records Your credit file How information is gathered and used Types of information stored
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© South-Western Educational Publishing Credit Bureaus Major U.S. credit bureaus Credit history Credit report Subscribers
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Five Cs of Credit Creditworthiness
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© South-Western Educational Publishing Getting Started with Credit
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GOALS © South-Western Educational Publishing Lesson 17.2 Credit Ratings and Legal Protection Describe credit ratings and a point system of determining credit worthiness Outline the contents of a credit report Discuss the protections provided by the major credit laws
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© South-Western Educational Publishing Credit Ratings Point system How reliably money is paid back Excellent credit rating Good credit rating Fair credit rating Poor credit rating
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© South-Western Educational Publishing Credit Reports
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© South-Western Educational Publishing Credit Laws
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