Credit History and Score
Ever wonder what makes a good credit score? How to read a Credit Score Report? And how to check your credit for free? Credit History and Score: Lesson 8 will walk participants through a FICO score credit chart and teach them what to look for on their credit reports.
Participants Will:
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Know how to establish a credit history.
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Know how to check their credit report for free.
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Be able to explain why it is important to check their credit report.
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Understand the components of a credit score and how they can manage/improve their scores.
Key Features:
- Focus on knowing how to check your credit score report for free.
- Understand the components of a credit score with tips on how to improve it.
- Establish and build a positive credit history.
- Learn why it is important to check your credit score.
- Customize activities fit to either a 30 or 60 minute timeframe.
- Easily add more resources by replicating included master copies.
Activities Include:
- Step Forward, Good Borrowers!
- Check Your Credit Report for FREE
- What to Look for on Your Credit Report
- How Your Credit Score is Cancelled
- Evaluation
What you'll need from the Resource Box:
- FICO® Component Labels— one set
Additional Materials (not included):
*= optional items
- Pen or pencil for each participant
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*Copies of Annual Credit Report Request Form from AnnualCredit Report.com
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Envelopes and stamps
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Tape
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Markers and easel pad or white board, if drawing a larger pie chart
Paying bills on time and paying down debt are key strategies to build a good credit history and score.