What is your initial reaction to your credit report

Assignment Help Finance Basics
Reference no: EM131268710

Assignment: Your Credit Report

Good personal credit standing is integral to financial success. As an individual, you are judged by your personal credit. Your credit rating is not only used to determine your ability to borrow on a mortgage, car, or credit card, but it is also used to judge whether you can rent an apartment, obtain insurance, or even get a job. As a college student, your success is determined by your grade point average (GPA). Once you are a working professional, it is your credit score that measures your financial success in life. This assignment will help you understand your own credit as well as factors that determine your current credit.

Based on your credit report, write a paper to address the following questions. Do not share personal information that may be confidential.

1. What is your initial reaction to your credit report? Describe any surprising elements you noted in the report.

2. Which elements in your report do you think would have a positive impact on your credit score and which elements would have a negative impact on your credit score? Explain your answer.

3. How do you think you could improve your credit score? Create a five-point plan to raise or maintain your credit score. Be sure to do the following:

a. Specifically reference the guidance in your textbook to address this question.
b. Use credible Web sites to guide you.

4. In addition to your credit report, what are the other events/areas in your life, which specifically relate to your financial goals that are impacted by your credit rating? Explain at least three of these events/areas..

Write a 3-4-page paper in Word format. Apply APA standards to citation of sources.

Reference no: EM131268710

Questions Cloud

At what rate is the tip of the person s shadow moving away : A streetlight is on top of a 20-foot pole.- At what rate is the tip of the person s shadow moving away from the pole when he is 20 feet from the pole?
Difference between absolute-apparent : On a proportional symbol map, explain the difference between absolute, apparent, and range grading scaling.
Is avon''s culture a contributing factor to its success : The text points out that an organization's culture serves two important functions: (1) it creates internal unity, and (2) it helps the organization adapt to the external environment. Has this been the case at Avon?
At what rate is the person s shadow growing : A person who is 5 feet tall walks away from the pole at the rate of 5 feet per second. - At what rate is the tip of the person s shadow moving away from the pole when he is 20 feet from the pole?
What is your initial reaction to your credit report : How do you think you could improve your credit score? What is your initial reaction to your credit report? Describe any surprising elements you noted in the report.
Passing a two-dimensional array : Write a program that will read in 12 integer values into a 3 x 4 two-dimensional array (i.e., an array of 3 arrays of 4 integers). The values should be entered via standard input.
Develop a template of framework : Business Ethics and Governance is the Unit - Assume you're Board of Directors - Develop a template
How fast is the radius increasing after 1 minute : Helium is pumped into a spherical balloon at a constant rate of 4 cubic feet per second. How fast is the radius increasing after 1 minute?
Knowledge of a wireless network ssid : Based on Internet research, how might knowledge of a wireless network's SSID, MAC address, PHY Type, Company, Router Model, Router Name, Security Protocol, Cipher, or Channel Ranges be used to plan an attack? Make sure to list your source(s) inclu..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd