Importance of good credit score
Importance of a Good Credit Score - 2020 Guide
Amount of Time Credit Has Been In Use (Length of Credit) 15% Generally speaking, the longer the credit history the better your score. However, this factor only makes up 15% of your total score so even young people, students or others with short histories can still score high overall as long as the other factors show good.
[DOCX File]Your Credit History
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The importance of any one factor in your credit score calculation depends on the overall information in your credit report. For some people, one factor may have a larger impact that it would for someone with a much different credit history.
[DOC File]Understanding Your Credit Score
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List features of a good/bad credit history. Say how a credit score is different from a credit report and identify which is important to obtain. Language Objectives. Understand narratives about obtaining a credit report, such as the one provided in the video on the “What It Is” page. Use credit history-related vocabulary appropriately when ...
[DOCX File]ltulper.weebly.com
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Why is a good credit score important? ... Students will understand… the importance of good credit and managing debt. Students will be able to do… a budget, analyze credit reports and complete a financial plan. ... reflect on the differences between good credit and bad credit. E.
[DOC File]UbD Lesson Plan Template
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