Storyboard Description
Creditworthiness Comic Strip for Personal Finance, By Ryan Scherber, 2-13-2020
Storyboard Text
- A good credit score helps you be eligible to rent apartments, buy a car, or . Without good credit score you can't do these things.
- I want to know why your credit score matters.
- Your credit score is determined by three C's: Capacity, Collateral, Character
- I know capacity is your ability to repay a loan, collateral is your assets and character includes your credit history
- Ways to improve credit score include making regular payments on loans, using a small or moderate amount of your credit limit (good ratios), fix late payments, and close any unused (unessential) credit cards
- Good credit can help me get a better interest rate on my car loan
- Yep, your getting the hand of this.
- So all my credit score and these 3 C's are all available on my Credit Report?
- Wow, this place is awesome, I really need to work hard and improve my credit.
- With good credit and being on top of all your payments can help you have money for your own fun
- Any time
- Thank you for helping me understand the importance of a good credit score.
