Starr County Job Club Module: Financial Literacy Pre-Test

Good credit can get you lower fees & interest rates. Better your credit=the lower rates

If you pay timely, it doesn't matter how much you owe. It only hurts credit when payed late

A credit score reflects payment patterns over time, with an emphasis on recent information

___ is the ability to use knowledge to make effective & informed decisions about managing money

A good credit score is between a 580 - 669

Which of the following does not affect your credit score?

Credit scores are like report cards you might get from school, but with a scoring range.