True or False: Credit is the ability to borrow money or obtain goods by paying everything at the time of purchase.

Name some reasons someone might need credit.

Would you have GOOD credit or BAD credit if: you paid your bills late, skipped payments, and filed bankruptcy?

Would you have GOOD credit or BAD credit if: you paid your bills on time and never skipped payments.

How often can you request a free copy of your credit report?

Who can get a copy of your credit report?

True or False: you should accept the first credit offer you get without shopping around.

True or False: you should only pay the minimum amount due for your credit card bill -- never pay more!

You promise to pay the original cost later or over time plus _____________.