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Showing posts from December, 2018

Credit Scores

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In the Everfi module, Credit Scores taught about how I could look for somethings to know if a potential buyer is the right one. You should check their credit score, if they are trustworthy, and how they their money. As a teenager, I found out that I can develop credit by being an unauthorized user on your parent's credit. As an adult to improve your credit you can pay your bills on time as well as paying off what your borrowed from the bank. A credit score is important to your life because to move further in your life such as, buy a cur or a house, if you have a low credit score you won't get that opportunity. 

payment types

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The Everfi module Payment types discuss money orders, which is a way to pay up front wihtiut the check bouncing. It also talks about a debit card which is a card linked directly to your bank account. A credit card is a card that lets you borrow money  to make a purchase.

Banking

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Banking is a very essential part of life. I learned about the Federal Bank located in Washington D.C. A credit union requires membership. The least important part of a check is the memo line.