Credit Scores are typically between 350 and 800

Credit Scores are based only on your credit history.

Credit Scores can tell a landlord how likely you are to pay rent

Credit scores in the middle will cause higher interest rates on loans

the person borrowing the money

the amount you borrow + the interest you pay.

the same as the loan term

the amount of money you borrow

Using a credit card to buy anything you want, even if you can’t afford it right now.

Paying only the minimum amount due each month so you can spend more money elsewhere.

Using a credit card for purchases you can afford to pay off in full each month.

Borrowing as much as possible to take advantage of the credit limit.

Your interest rate will be reduced.

You will receive a reward from the credit card company.

Your credit limit will automatically increase.

Your credit score may decrease.

Credit cards require a PIN for every transaction.

Credit cards offer a line of credit, while debit cards use your own funds.

Debit cards charge interest on purchases.

Debit cards allow you to borrow money from the bank.

You will receive a bonus from the credit card company.

Your credit score will automatically improve.

You may incur an over-limit fee.

Your interest rate will decrease.

Fewer credit card offers.

Higher interest rates on loans.

Lower insurance premiums.

Increased monthly expenses.

To show your credit score.

To automatically pay your balance.

To provide a summary of your account activity and balance.

To offer new credit card promotions.

are unable to receive scholarships

will not have to pay them back as long as you get good grades

should borrow only what you need for college costs and basic needs

pay fewer taxes and can use the unused tax money to pay off the loan