Financial Literacy MOD 6

Your responsibilities as a borrower include reading agreements and paying interest.

Under the Fair Credit Reporting Act (FCRA), which of the following is NOT a consumer right?

What is the primary purpose of a credit report?

Which organization is a reliable source for resolving credit issues?

Credit is the ability to acquire goods or services before payment, with the promise that the payment made.

All creditors report to every credit bureau, so all your credit reports are identical.

   High credit utilization positively impacts your credit score.

A co-signer or authorized user can help you build credit.

What is an example of good debt?

Which factor has the largest impact on your credit score?