Académique Documents
Professionnel Documents
Culture Documents
Pretest: 5/5
Credit Card 101: 6/6
Building Credit: 5/5
Copy & paste your certificate here:
What factors are not included in your score? The factors not included are race, religion,
national origin, sex, age, salary, and any other information not proven to be predictive
of future credit performance.
What are the two items that influence your credit score the most? The items that are
most influential towards your credit score are payment history and amounts owed.
What info
did it ask
for?
It asked for
mortgage
amount
($300,000),
mortgage
term (15
years), and
interest rate
(15%).
What was
your result?
My monthly
payment
would be
$3,950.37.
Repaying
Student
Loans
It asked for
annual
anticipated
income upon
graduation
($70,000),
original loan
amount
($50,000),
annual
interest rate
(15%), and
initial
payment
period (20).
My monthly
payment
would be
$2,841.02.
How Much
Will
College
Cost?
It asked for
my age (I
gave 18),
college type
(private),
number of
years
attending (7),
and
calculation
type (tuition,
fees, room &
board).