Final Project
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- I sure can! Before I can offer you this loan, I will have to check your credit score. Lets go inside!
- Hey there! I'm looking to take out a loan for my new car. Can you help me?
- Hey there! Im
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- According to your information, I am able to offer you this loan! Your credit score is a 873. This is one of the highest I've ever seen! How did you get this score?
- This should be a quick process right? I have always been very cautious with my credit.
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- Wow! Most people make the wrong decision and get caught up with debt. According to studies, 38% of households in the US had some type of credit card debt in 2015 (Limbu 842-856).
- Whenever I got my card, I made sure to understand the dangers of it. Such as not seeing the card as free money and making sure I pay my balance on a short term plan. (Lorim).
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- I will certainly keep this in mind when it comes time for me to get my new credit card. Thank you and I hope you enjoy getting your new car!
- Correct! The best way to avoid falling into that 38% is to read the fine print with the company, pay off your balance in full each month, and limit the amount of times you are using the card for certain purchases (NYC, C and W. P. ). Doing these 3 simple things can help you stay on top of your credit!
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