Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
answer with true or false
Transcribed Image Text:In many states,
people with
higher credit
scores pay less
for car
insurance
Some
landlords use
credit scores to
screen tenants
Credit is only
important if
you need a
loan
:: True
:: False
Transcribed Image Text:Credit True or False?
711
The average American's credit score
Poor
Fair
Good
Very good
Exceptional
300-579
580-669
670-739
740-799
800-850
If you have a
lot of cash in
your checking
account you
will have a
higher credit
Score
Employers can
request to see
your credit
report
A good credit
score can help
you open an
unsecured
credit card with
a decent
interest rate
If you have a
500 credit
score you will
still be able to
get a loan in an
emergency
Having a credit
score of 800
means you will
have
lower interest
rates on car
and home
loans
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