1. credit- using someone else's resources for your gain. 2. interest- cost of using someones resources. 3. you should have a checking a count by 9th grade. 4. use a debit card so your history is good. 5. call the bank if you cant make a payment. 6. establish good credit you have to have one credit card.
1. credit comes from bad checks,cell phone bills and late payments . 2. you should have a checking account in high school 3.bad credit can stay on for 10 years . 4.Use a debit card 5.keep your money in one bank . 6. Only have one credit card
1. I didn't realize that you could end up paying that much money for writing a bad check. 2. Keep you credit cards to a minimum. Don't have too many. 3. Don't take money out of savings because if you just take it out then you won't get anywhere. 4. Don't have different kinds of credit cards.
1. Credit: using someone else's resources for your gain. 2. Interest: cost of using wealth. 3. Guarantor: someone that signs a loan with you guaranteeing if you mess up they can make payments on your behalf. 4. Having more than one store card will make your score go down. 5. Installment Loans: paying off over a certain period of time.
1. You should have a checking account. 2. It is good to earn credit over time. 3. When you go to buy something, you need to make sure that you have enough money or credit to do so. 4. Managing your money follows you through life, can affect many things down the road. 5. Bankruptcy will follow you forever.
1. Don't have more than one credit card. 2. Only use one bank. 3. Always pay your bills or let your bank know if you can't for some reason. 4. They check your credit scores to get most jobs.
Interest is the cost of using someones resources. Bad credit can follow you forever. It's a bad idea to do business with more than one company, because it's bad for your credit. You should have at least one credit care. Make your payments on time to establish good credit.
1)Checks are electronically transferred straight to the bank now. 2)Need to pay your cell phone bills because they will send it in and it will fallow you. 3)make sure you are on time with your mortgage loan. 4)dont try and get too much credit in a short amount of time
1. Who's money do we use when we use credit? 2. I didn't know that credit history is not just based on credit cards. It can include bad checks, cell phone bills, utilities, late payments, and hospital bills. 3. I didn't know that if you write a bad check they report it to police and all the banks so they know not to cash checks from you. 4. You should start a checking account in 9th grade. 5. You should introduce yourself at the bank when you move to a new town to establish that relationship.
-checks are now electronically transferred and your money is immediately taken out - college is when most people start to make mistakes..... - if your late on a loan your credit will go down really fast - you want to start a checking account at a early year so you have good credit later on in life
-credit is using someone else's resources for you gain. -interest is the cost of using wealth -steps: Open checking account with one back Use a debit card Balance your check book on monthly basis establish a relationship with bank Keep a saving account-must for a RE loan. Having to many department store cards your credit goes down.-> High balance- keep spending low from the balance so credit goes up Installment loan-car-over period of time pay it Mortgage loans- house- if late with payment credit is bombed.
Question: Do you have to be with a bank a certain langth of time to get a loan or get aproved?
-Open a checking account at one financial institution, If you open an account with different financial institutions you can end up with a lot of trouble. -If you use a debit card the money comes out of your checking account so you can keep track of what you buy with writing it down. -Need to have one credit card when establishing good credit - Spend high balances fast and stay in between your credit - Installment Loans- Installing payments one payment at a time to a certain time - Mortgage Loans- House loans- Biggest deal breaking, If you are late on payments your score will drop every time you are late on payments.
1.) I did not know that credit is using someone else’s resources for your gain. I thought it was just another form of money used in just a certain store when you take an item back.
2.) I did not know it’d be a wise decision to get a checkbook by your Freshman year.
3.) It’s scary how history follows you. It’s crazy how $2.20 can turn into an $85 fee.
4.) Spreading your business to a lot of banks is the worst decision a person could do.
1. Using credit as someone else's resources for your gain 2. Interest is the cost of using wealth 3.Credit history is based on bad checks, cellphone bills, utilities, late payments, hospital bills 4.Should have a checking account in 9th grade
1) Interest is the cost of using someone else's wealth. 2) Learned about being overdrawn and the fees. 3) You can close an account if you want to move to a new bank. 4) Savings is for savings, checking is for transactions. 5) Guarantor- someone who signs loan with you. 6) Debit Cards are good, your bank can see what your spending money on, and also keep a balanced checkbook.
1. credit is using someone elses resources for your gain 2. intrest is the man reason banks make money 3. credit history is many different things, not just credit cards 4. debt continually just keeps build up over time if you dont get it stopped
1. I didn't know that credit was using someone else's resources for your gain. It could be for anything, not just from the bank or credit card companies. 2. I also didn't know that interest was the cost of using wealth. If you don't know anything about interest, you could end up paying more than you need to. 3. I didn't know that your credit history is also based on bad checks, cell phone bills, utilities, late payments, and hospital bills. You need to be careful about what you put in your name and pay everything on time. 4. Bank at one bank. Its easier and the banks don't think you're doing illegal activity. It also builds a strong relationship with your banker, which makes things easier when you need a loan.
1. Credit is using someone else's resources for your personal gain 2. Interest is the cost of using someone else's wealth 3. Credit is based on more than just credit cards 4. cell phone bills can get you back when you don't pay your bill 5. It is not smart to have multiple banks 6. too many credit cards is bad
1. Didnt no how late fees and bad checks can cause so much 2. Open checking account in 9th grade 3. Only have one banking account 4. Always right down how much you spend
1. Credit can be benificial and can hurt you faster than you know. 2. Interest is the cost of using someone else's wealth. 3. Check Kiteing is using all your banks for money you do not have. 4. Instalment Loans how many payments in the years you will have to pay.
1) I did not know that interest was the cost of using somebody else's wealth.
2) I did not know that not paying your bills for electronic things like cable can be bad for your credit.
3) I would not get a guarantor because you can't really trust someone else to pay your bills because some of them won't have the money either.
4) Mortgage loan is a house loan. I knew that, but i did not know what an installment loan was. installment loan is where you make payments until its paid off and you own it in the end.
1. credit isnt always with money. it can be a car too 2. using one bank is a good idea 3. keep your check book BALANCED 4. avoid department store cards
1. Insert is the only way banks make money. 2. Open a checking account at one bank. 3. Always balance your checking account. 4. Never buy Department Store Credit Cards.
1. It's crazy how fast fees add up 2. Credit is using someone elses money. i thought it was using your own money 3. Didn't know to start a checking account freshman year. 4. I'm glad i only have one bank
1. Credit is using someone else's resources for your gain and interest is the cost of using wealth. 2. Credit isn't just based on credit cards. Includes: bad checks, cell phone bills, utilities, late payments, hospital bills. 3. Things to do: open checking account, use debit card, balance check book, communicate w/ banker, & keep savings account. 4.You should stay at one bank and if you move, close the previous account and make a new one.
1. Credit can be both good and bad because you can get good credit and bad credit. 2. Try not to have more than one bank account. 3. When you move somewhere new, introduce yourself to the bankers. 4. keep track of your spending 5. You should get a checking account when you're young so you can build good credit.
1. credit- using someone else's resources for your gain.
ReplyDelete2. interest- cost of using someones resources.
3. you should have a checking a count by 9th grade.
4. use a debit card so your history is good.
5. call the bank if you cant make a payment.
6. establish good credit you have to have one credit card.
1. credit comes from bad checks,cell phone bills and late payments .
ReplyDelete2. you should have a checking account in high school
3.bad credit can stay on for 10 years .
4.Use a debit card
5.keep your money in one bank .
6. Only have one credit card
1. I didn't realize that you could end up paying that much money for writing a bad check.
ReplyDelete2. Keep you credit cards to a minimum. Don't have too many.
3. Don't take money out of savings because if you just take it out then you won't get anywhere.
4. Don't have different kinds of credit cards.
1. Credit: using someone else's resources for your gain.
ReplyDelete2. Interest: cost of using wealth.
3. Guarantor: someone that signs a loan with you guaranteeing if you mess up they can make payments on your behalf.
4. Having more than one store card will make your score go down.
5. Installment Loans: paying off over a certain period of time.
1. You should have a checking account.
ReplyDelete2. It is good to earn credit over time.
3. When you go to buy something, you need to make sure that you have enough money or credit to do so.
4. Managing your money follows you through life, can affect many things down the road.
5. Bankruptcy will follow you forever.
1. Don't have more than one credit card.
ReplyDelete2. Only use one bank.
3. Always pay your bills or let your bank know if you can't for some reason.
4. They check your credit scores to get most jobs.
Interest is the cost of using someones resources. Bad credit can follow you forever. It's a bad idea to do business with more than one company, because it's bad for your credit. You should have at least one credit care. Make your payments on time to establish good credit.
ReplyDelete1)Checks are electronically transferred straight to the bank now.
ReplyDelete2)Need to pay your cell phone bills because they will send it in and it will fallow you.
3)make sure you are on time with your mortgage loan.
4)dont try and get too much credit in a short amount of time
1. Who's money do we use when we use credit?
ReplyDelete2. I didn't know that credit history is not just based on credit cards. It can include bad checks, cell phone bills, utilities, late payments, and hospital bills.
3. I didn't know that if you write a bad check they report it to police and all the banks so they know not to cash checks from you.
4. You should start a checking account in 9th grade.
5. You should introduce yourself at the bank when you move to a new town to establish that relationship.
-checks are now electronically transferred and your money is immediately taken out
ReplyDelete- college is when most people start to make mistakes.....
- if your late on a loan your credit will go down really fast
- you want to start a checking account at a early year so you have good credit later on in life
-credit is using someone else's resources for you gain.
ReplyDelete-interest is the cost of using wealth
-steps: Open checking account with one back
Use a debit card
Balance your check book on monthly basis
establish a relationship with bank
Keep a saving account-must for a RE loan.
Having to many department store cards your credit goes down.->
High balance- keep spending low from the balance so credit goes up
Installment loan-car-over period of time pay it
Mortgage loans- house- if late with payment credit is bombed.
Question:
Do you have to be with a bank a certain langth of time to get a loan or get aproved?
-Open a checking account at one financial institution, If you open an account with different financial institutions you can end up with a lot of trouble.
ReplyDelete-If you use a debit card the money comes out of your checking account so you can keep track of what you buy with writing it down.
-Need to have one credit card when establishing good credit
- Spend high balances fast and stay in between your credit
- Installment Loans- Installing payments one payment at a time to a certain time
- Mortgage Loans- House loans- Biggest deal breaking, If you are late on payments your score will drop every time you are late on payments.
1.) I did not know that credit is using someone else’s resources for your gain. I thought it was just another form of money used in just a certain store when you take an item back.
ReplyDelete2.) I did not know it’d be a wise decision to get a checkbook by your Freshman year.
3.) It’s scary how history follows you. It’s crazy how $2.20 can turn into an $85 fee.
4.) Spreading your business to a lot of banks is the worst decision a person could do.
1. Using credit as someone else's resources for your gain
ReplyDelete2. Interest is the cost of using wealth
3.Credit history is based on bad checks, cellphone bills, utilities, late payments, hospital bills
4.Should have a checking account in 9th grade
1) Interest is the cost of using someone else's wealth.
ReplyDelete2) Learned about being overdrawn and the fees.
3) You can close an account if you want to move to a new bank.
4) Savings is for savings, checking is for transactions.
5) Guarantor- someone who signs loan with you.
6) Debit Cards are good, your bank can see what your spending money on, and also keep a balanced checkbook.
1. credit is using someone elses resources for your gain
ReplyDelete2. intrest is the man reason banks make money
3. credit history is many different things, not just credit cards
4. debt continually just keeps build up over time if you dont get it stopped
1. I didn't know that credit was using someone else's resources for your gain. It could be for anything, not just from the bank or credit card companies.
ReplyDelete2. I also didn't know that interest was the cost of using wealth. If you don't know anything about interest, you could end up paying more than you need to.
3. I didn't know that your credit history is also based on bad checks, cell phone bills, utilities, late payments, and hospital bills. You need to be careful about what you put in your name and pay everything on time.
4. Bank at one bank. Its easier and the banks don't think you're doing illegal activity. It also builds a strong relationship with your banker, which makes things easier when you need a loan.
1. Credit is using someone else's resources for your personal gain
ReplyDelete2. Interest is the cost of using someone else's wealth
3. Credit is based on more than just credit cards
4. cell phone bills can get you back when you don't pay your bill
5. It is not smart to have multiple banks
6. too many credit cards is bad
1. Didnt no how late fees and bad checks can cause so much
ReplyDelete2. Open checking account in 9th grade
3. Only have one banking account
4. Always right down how much you spend
1. Credit can be benificial and can hurt you faster than you know.
ReplyDelete2. Interest is the cost of using someone else's wealth.
3. Check Kiteing is using all your banks for money you do not have.
4. Instalment Loans how many payments in the years you will have to pay.
1) I wasn't aware credit is defined as using someone else's money for your own gain.
ReplyDelete2) I didn't know credit history could be based on things like bad checks, cable, and cell phone bills.
3) Having multiple bank accounts can be a very bad idea for you.
4) If you have a guarantor on a loan, not making payments can show up on your credit and the guarantor's credit.
1) I did not know that interest was the cost of using somebody else's wealth.
ReplyDelete2) I did not know that not paying your bills for electronic things like cable can be bad for your credit.
3) I would not get a guarantor because you can't really trust someone else to pay your bills because some of them won't have the money either.
4) Mortgage loan is a house loan. I knew that, but i did not know what an installment loan was. installment loan is where you make payments until its paid off and you own it in the end.
1. credit isnt always with money. it can be a car too
ReplyDelete2. using one bank is a good idea
3. keep your check book BALANCED
4. avoid department store cards
1. Insert is the only way banks make money.
ReplyDelete2. Open a checking account at one bank.
3. Always balance your checking account.
4. Never buy Department Store Credit Cards.
1. It's crazy how fast fees add up
ReplyDelete2. Credit is using someone elses money. i thought it was using your own money
3. Didn't know to start a checking account freshman year.
4. I'm glad i only have one bank
1. Credit is using someone else's resources for your gain and interest is the cost of using wealth.
ReplyDelete2. Credit isn't just based on credit cards. Includes: bad checks, cell phone bills, utilities, late payments, hospital bills.
3. Things to do: open checking account, use debit card, balance check book, communicate w/ banker, & keep savings account.
4.You should stay at one bank and if you move, close the previous account and make a new one.
1. Credit can be both good and bad because you can get good credit and bad credit.
ReplyDelete2. Try not to have more than one bank account.
3. When you move somewhere new, introduce yourself to the bankers.
4. keep track of your spending
5. You should get a checking account when you're young so you can build good credit.