Does Credit Matter?

What is a credit score?

• The amount you can spend on a credit card.

• A number that allows lenders to determine your reliability.

• 3 dollars

• An unimportant number

Should you keep your balances below your limit?

• Yes

• No

Can you still get a loan with bad credit?

• Yes

• No

• j

Why might a lender charge you higher interest?

• You ugly

• You have bad credit

• You have good credit

Does your credit score actually matter?

• No

• Yes

How can you fix your credit?

• Beg

• Make payments on time

• Lie

TRUE or FALSE: Good credit means you are a low-risk borrower.

• True

• False

When should you apply for new credit accounts?

• Always

• Never

• Only when you need to

Should you skip your payment if you cannot pay the full thing?

• NO

• yes

Can poor credit lead to financial struggles?

• No

• Yes