Word of the Day

Example of Credit Report

• FICO

• TransUnion

• Bank Account

• Student Loans

Credit Report

• Your financial report card

• The value of personal items owned

• The amount a person owes

• An item owned that has value

Example of Capital

• Unpaid bills

• House

• Investments

• Taxes

Capital

• Your financial report card

• An item owned that has value

• The value of personal items owned

• The amount a person owes

Example of Liability

• House

• Jewelry

• Car

• Unpaid bills

Liability

• An item owned that has value

• The amount a person owes

• The value of personal items owned

• Your financial report card

Example of Asset

• Credit Card

• Unpaid bills

• House

• Personal loans

Asset

• The amount a person owes

• The value of personal item owned

• Your financial report card

• An item owned that value