Alex Learns about Credit ScoresAlex needs a new truck. He uses it to get to and from work and school. He purchased his current truck seven years ago using cash. It was already nine years old, so he got a great deal on it. But now it’s breaking down too often. He finds the perfect truck, but the dealer will only offer him an expensive loan. He is shocked. He learns that the reason why he was not offered better terms is because his credit scores are low. Alex decides to learn a little more about credit scores before buying a new truck. Alex’s hours at work were cut back unexpectedly, so his take-home pay was reduced. He is late with his credit card and cell phone payments for a few months. What impact will this have on his credit score?
Blog
What is one of the 12 Key Elements of Practical Personal Fin…
What is one of the 12 Key Elements of Practical Personal Finance that we studied during Unit Four? Describe the principle, and why it is an important consideration.
Alex Learns about Credit ScoresAlex needs a new truck. He us…
Alex Learns about Credit ScoresAlex needs a new truck. He uses it to get to and from work and school. He purchased his current truck seven years ago using cash. It was already nine years old, so he got a great deal on it. But now it’s breaking down too often. He finds the perfect truck, but the dealer will only offer him an expensive loan. He is shocked. He learns that the reason why he was not offered better terms is because his credit scores are low. Alex decides to learn a little more about credit scores before buying a new truck. Alex’s truck breaks down. He has to have the truck running for his job. He has no emergency savings. He again uses most of the credit on one of his credit cards to cover the repair. What impact will this have on his credit score?
Alex Learns about Credit ScoresAlex needs a new truck. He us…
Alex Learns about Credit ScoresAlex needs a new truck. He uses it to get to and from work and school. He purchased his current truck seven years ago using cash. It was already nine years old, so he got a great deal on it. But now it’s breaking down too often. He finds the perfect truck, but the dealer will only offer him an expensive loan. He is shocked. He learns that the reason why he was not offered better terms is because his credit scores are low. Alex decides to learn a little more about credit scores before buying a new truck. Alex has one credit card but has never had a loan. He applied for a credit-building loan from his bank. His application was approved. He takes out the loan. What impact will this have on his credit score?
What is the first step in recognizing cardiac arrest in a de…
What is the first step in recognizing cardiac arrest in a dental patient?
Which of the following is NOT typically included in the docu…
Which of the following is NOT typically included in the documentation of a seizure incident in a dental office?
Which of the following combinations of symptoms is most indi…
Which of the following combinations of symptoms is most indicative of hypoglycemia in a dental patient?
In managing a patient experiencing syncope, why is the Trend…
In managing a patient experiencing syncope, why is the Trendelenburg position recommended?
Which of the following is NOT a typical sign or symptom of h…
Which of the following is NOT a typical sign or symptom of hyperventilation?
Which of the following actions is contraindicated for a pati…
Which of the following actions is contraindicated for a patient experiencing hyperventilation, unless there is a coexisting problem?