Greg would have saved $ .
898.75
You make more than minimum payments before the due dates. ✔ increasedecreaseno effect
Be sure to describe what a credit score is and how it is used by lenders.
Yes, Ahmed has a very good credit score. A credit score is a numerical rating that shows how good one’s credit is. It ranges from 300 to 850. Lenders will use his credit score to determine how likely it is that he will pay back the loan. With a score of 750, they will be confident that he will pay the money back.
Sample response: Yes, Ahmed has a very good credit score. A credit score is a numerical rating that shows how good one’s credit is. It ranges from 300 to 850. Lenders will use his credit score to determine how likely it is that he will pay back the loan. With a score of 750, they will be confident that he will pay the money back. Check all that you included in your response.Yes, a score of 750 is a good credit score, so Ahmed should qualify for a car loan.Lenders use credit scores to determine h
You missed a credit card payment in November and paid a late fee. increasedecreaseno effect
Check all that you included in your response.
You missed a credit card payment in November and paid a late fee. increase✔ decreaseno effect
Check all that you included in your response.
You opened three new credit card accounts in a month. increase✔ decreaseno effect
Your employer gave you a raise, so your income increased. increasedecrease✔ no effect
The balance on your credit card is close to the credit limit. increase✔ decreaseno effect
Which are examples of results of good credit? Check all that apply.
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