Credit Scores

Credit Scores

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Storyboard Text

  • Hey Sarah! What are you up to today?
  • Hey Chris! I am going to the bank to apply for a loan for my new car!
  • I hope your credit report is good, so the bank doesn't deny you for a loan. See you later!
  • 2 hours later....
  • Hey Jim...
  • Sarah, why do you look so upset? What's wrong?
  • You know how I told you I was going to the bank to apply for a loan? Well, they denied me because my credit score was 350, and they said I had  missed payments from last year on my report!
  • Wow! Your credit score is extremely low!
  • Why were pissed payments from last year on my report?
  • Well, missed payments stay on your credit reports for 7 years.  
  • Wow! How can I improve my score?
  • You can improve it by paying your bills on time, keeping low balances on your credit cards, and have a mix of different types of credit card accounts. i have to go, but I'll see you later!
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