3:33 Provide at least three ways that it could be done. Submit your responses in at least 3 paragraphs, in your own words, to Project 3 in Moodle. FOR INSTRUCTOR USE ONLY Grading Rubric Grading accepts a start value of 100. Points will be deducted for failure to fully complete or meet the stated requirements. Grading: 90-100 = Represents work of superior quality (A); 80-89 = Represents work of good to very good quality (B); 70-79 = Represents adequate command of class content (C); 69 and below Represents work that shows a need for development or improvement (F); 0 = Represents plagiarized work (F). BM151: Financial Services (BCP-BFN) Student: Instructor: Date: SLO-1. Identify the factors that influence personal financial decisions. SLO-2. Know what money management strategy is and how to develop it. SLO-3. Identify strategies to improve money management in order to achieve personal and business financial goals. SLO-5. Describe the benefits and issues associated with borrowing money from financial institutions. SLO-6. Know what a credit score is and how to improve it. Description of requirements SLO-5, SLO-6. Explained in your own words what a Credit Score is. Answered: What is a good credit score? Project 3 SLO-1, SLO-5, SLO-6. Estimated your credit score. Answered: Is your credit score good? Which factors contributed to your result? SLO-1, SLO-2, SLO-3, SLO-6. Provided at least three ways of improving your credit score. Submitted your responses in at least 3 paragraphs. YOUR SCORE: Instructor Comments: Possible Points 30 5G 81 TOTAL 100 learning.csinow.com 35 35 = Your Points D < 3:33 COMPUTER SYSTEMS INSTITUTE BM151: Financial Services - Project 3 FAIR CREDIT SCORE AA 5G 81 Consumer Credit: Advantages, Disadvantages, Sources and Costs Description: When you apply for a loan, a financial institution will ask you for a credit report that contains your credit score. If the credit score is too low, the loan may be denied, or its conditions may be not favorable (e.g., a higher interest rate). In order to avoid this issue, you have to keep you credit score high, or adjust your lifestyle and behaviors to improve it. score-fast Read the following articles, refer to your textbook Chapter 5 pp. 177-180, and then answer the questions below: "What Is a Good Credit Score?" https://www.experian.com/blogs/ask-experian/credit- education/score-basics/what-is-a-good-credit-score/ "How to Improve Credit Fast" https://www.nerdwallet.com/article/finance/raise-credit- 1) Explain in your own words what a Credit Score is. What is a good credit score? 2) Estimate your credit score using this link. Is your credit score good? Which factors contributed to your result? 3) Think about how you can improve your credit score. Provide at least three ways that it could be done. Submit your responses in at least 3 paragraphs, in your own words, to Project 3 in Moodle. FOR INSTRUCTOR USE ONLY Grading Rubric Grading accepts a start value of 100. Points will be deducted for failure to fully complete or meet the stated requirements. Grading: 90-100 = Represents work of learning.csinow.com