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When you use a credit card....
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
If you get a home loan (mortgage) and put down less than 20%, you must have.....
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
Why does Title Max trust that you will pay back your loan and interest?
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
What is a budget?
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
Who will give you a loan if you have bad credit?
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
Who gets loans with the best interest rates from the bank?
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
If you do not make a payment on your credit card by the deadline....
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
Opportunity cost is...
People who pay their debts on time
They have the title to your car
What you give up when you make a decision
mortgage insurance
A plan to spend money in a responsible way
You will have to pay a penalty, you will have to pay interest, and your credit rating will drop
You are borrowing money that must be paid back
Title Max
Check it!