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
Dia: 2
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.
Dia: 3
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).
Dia: 4
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!