The Three Facts I Chose
1. I talked about making yourself aware of interest rates and any fees that may apply to a card before you get one.
2. I talked about how to always make payments on time to avoid late payment fees along with your existing interest rates and how this can affect your credit score.
3. I explained what a credit score is and an example of one.
Hey Sam, can I ask you a question?
Yeah of course Josh what's up
I've been thinking about getting a credit card since I'm of age and don't need a cosigner, do you have any tips?
Yes I do, when getting a credit card always make sure to look at the interest rate, monthly payment and potential fees to see which card is the best for you
I'll definitely keep that in mind, thank you.
2nd, always make sure you pay your dues on time because if you don't, you'll have to pay a lay payment fee along with the interest rate on the card
Can you remind me what a credit score is again?
Your payment history on this card can also lower or raise your credit score which will affect your reliability and chances of getting a loan
This is a credit score. A credit score is a number that shows the risk a lender takes when you borrow money. The numbers usually range from 300-850.
Wow thank you so much for the help! I'll see you later Sam