credit score

credit score

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Storyboard Text

  • Hey mom i was wondering if you could help me with my credit score?
  • I was out trying to buy a new car, but the guy said my credit was poor. Whats the mean?
  • That means that you have a poor credit score and that can keep you from getting loans .. I'll show you some examples
  • Sure, what do you need help with?
  • Yes but they cannot trust you because of how you've been late on your payments.
  • Credit scores help the bank see if they can trust you to pay them back.
  • You may be able to get it but you will have to pay higher interest
  • but i promised that i would pay them back.
  • so i can't get the car because my credit score?
  • Yes i understand the basics now. Like how it affects what i can get.
  • So do you understand your credit score now?
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