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Credit Bureaus and Collection Practices

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Presentation on theme: "Credit Bureaus and Collection Practices"— Presentation transcript:

1 Credit Bureaus and Collection Practices
Chapter 6 Credit Bureaus and Collection Practices

2 Essential Question How does your credit rating affect you?

3 Journal Activity Read “Credit Report Information” Questions:
What are the 3 major companies that maintain credit reports? What may a creditor use your credit report and credit score for? How often does your credit report update? What six main sections is your credit report divided into? How long can negative records stay on your credit report? Do all creditors report to all 3 credit bureaus? How often should you check your 3 credit reports? If you find inaccurate information on your credit report, who can you contact?

4 Journal Activity-3 Tweets
Type 3 Tweets in Word & print them. Your 3 Tweets should be formative, clever, witty, opinionated, etc. Partner up with someone who is doing something that you’re going to do on Spring Break. Partner stars your best Tweet

5 Dave Ramsey Videos Chapter Six — Credit Bureaus and Collection Practices Part 1& 2

6 Credit Report Sample Credit Report Complete Credit Report Worksheet

7 Summary

8 Tell me one thing that you learned today.


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