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Miguel's parents keep telling him he should worry about his credit score. He says, Why bother? Why should Miguel care?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Katherine has been using her credit card very responsibly in hopes of raising her credit score. Which score would indicate that Katherine now has a prime score?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Which statement about credit card interest rates is TRUE?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Each of the following factors impacts your credit score EXCEPT...
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Justin really wants to attend the 8th-grade graduation ceremony, dance, and field day, but all the tickets combined cost $75, and he doesn't have that much. Justin has no job, gets no allowance, and his birthday was just last month, so he's not expec
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Craig isn't sure if he should open up a credit card account or get a bank loan. What question is MOST useful in helping him decide which financial product he should get?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Kervin really wants to buy a new bike because his old one is too small now. He's trying to decide if he should use his debit card or credit card. What's one reason he should be careful about using credit?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
Which age group tends to have the most credit card debt?
It might cause problems in their friendship if Justin doesn't repay her on time or if he then asks for even more money
A high credit score will make it easier for him to get loans or credit cards with better interest rates
Are you trying to make a bunch of small purchases over time or one large purchase?
750
A high interest rate means you'll pay MORE money total
Middle-aged people
Bank account balance
Credit will charge him interest every month until he repays his full balance
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