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Lance knows nothing about credit scores and is terrible with finances. He recently checked out his credit score and was thrilled when he found out
Lance knows nothing about credit scores and is terrible with finances. He recently checked out his credit score and was thrilled when he found out it was 300 when he thought it would be zero. Educate Lance on credit scores. a) Finish the sentence. (.25 marks) You inform Lance that a credit score of 300 is b) You also let Lance know seven (7) ways that he can improve his credit score: (1.75 marks -25 marks each)| 1. 2. 3. 4. 5. 6. 7. c) After educating Lance on his credit score, Lance freaked out feeling that he worsened the score by having checked it. You explain to Lance that checking his credit score was a "Soft Hit" Page 8 of 13 and not a "Hard hit". Explain to Lance what "Soft Hits means. (.5 marks) d) Provide Lance with two (2) examples of "Hard Hits":(.5 marks - 25 marks each) 1. 2. Lance knows nothing about credit scores and is terrible with finances. He recently checked out his credit score and was thrilled when he found out it was 300 when he thought it would be zero. Educate Lance on credit scores. a) Finish the sentence. (.25 marks) You inform Lance that a credit score of 300 is b) You also let Lance know seven (7) ways that he can improve his credit score: (1.75 marks -25 marks each)| 1. 2. 3. 4. 5. 6. 7. c) After educating Lance on his credit score, Lance freaked out feeling that he worsened the score by having checked it. You explain to Lance that checking his credit score was a "Soft Hit" Page 8 of 13 and not a "Hard hit". Explain to Lance what "Soft Hits means. (.5 marks) d) Provide Lance with two (2) examples of "Hard Hits":(.5 marks - 25 marks each) 1. 2
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