Name the three major credit bureaus. How do they score your credit rating? Will all three major credit bureaus always produce the same credit score?
Answer to relevant QuestionsWhat are the six major areas of information that may be included on your credit report? What should you consider when comparing credit cards? Describe some of the key provisions of the Credit CARD Act. You just borrowed $ 7,500 and are charged a simple interest rate of 8%. How much interest do you pay each year? Advise the Sampsons on whether they should continue making minimum payments on their credit card or use money from their savings to pay off the credit balance.
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