QUIZSHOW! Credit Cards & Budgeting

What is the number 1 thing you should have before you apply for a credit card?

• a friend

• a JOB

• a car

• a house

How many credit bureaus are there that look at your credit history?

• 1

• 2

• 3

• 4

What is considered a really good credit score and will get you a good interest rate?

• 640

• 740

• 500

• 550

What is the number 1 way to keep your credit in good standing?

• pay your bill on time every month!

• open up lots of credit cards at once

How often should you look at your credit report to make sure it is correct?

• as often as possible- you're allowed to look at it whenever you want

• once a year- pulling your credit report too many times can be negative

How could a student build up their credit score initially?

• have a parent co-sign on a credit card with them

• but a lot of stuff on their parents credit

Why is it important to save some of your money each month?

• expected expense- like paying your regularly scheduled bills

• unexpected expenses- like medical, accidental, or emergency situations

What kind of goals should you save for each month?

• just long term goals, who cares about short term goals!

• both long and short term goals

• just short term goals- planning long term is pointless

Which website will let you get your credit report for FREE once a year?

• AnnualCreditReport.com

• Experian.com

• Transunion.com