Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
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Chapter 6.3, Problem 3CC
Summary Introduction

To indicate: Three steps to create a good credit history.

Introduction: Credit describes a system in which goods, services, or money taken in exchange for a promise to repay on a future date. Credit is the relation of trust established between a lender and a borrower.

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List three entities that with legitimate reasons could check your credit report.
Describe the importance of a credit score for financial planning. List the credit bureaus and list information that is contained in a person's credit report. Review at least two sources of free credit reports, such as Credit Karma
What are the four elements of a credit policy? Briefly explain.
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Debits and credits explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=n-lCd3TZA8M;License: Standard Youtube License