Learning ObjectivesStudents will be able to:
| National Standards for Personal Financial Education Managing Credit
|
Learning ObjectivesStudents will be able to:
| National Standards for Personal Financial Education Managing Credit
|
What is the average credit score for people ages 18-29?
How much higher is the average credit score for people who are 60+ years old compared to people who are 18-29 years old?
According to the data, how do average credit scores change as people get older? What might explain why?
Imagine the graph included a 70+ age group. Based on the pattern shown, predict what their average credit score might be and justify your reasoning.
Some credit card companies are making credit scores available to all of their customers on their monthly statements. What impact would you expect to see as a result of this change?
INTERACTIVE: FICO Credit Scores
Interactive: myFICO Credit Score Estimator |
Your credit score has a big effect on your life, but what determines your credit score? Explore the impact of common financial decisions. Remember, a credit score ranges from 300-850 and depends on:

Turn in your worksheet with your name on it and comment here "done"
Which of the following categories make up most of your credit score?
It is best to avoid these in order to improve your payment history…
It’s beneficial to use some of your available credit because…