Questions and Assessment

1.	. Explain what a credit score is.
2.	. How can the PRBC (Payment Report Builds Credit) credit reporting agency help you build credit?
3.	What financial behaviors affect your score? Which one affects it most?
4.	What scores do you need to get “prime” interest rates on loans?
5.	What score will probably get you “sub-prime” interest rates on loans?
6.	Alicia is shopping for a new car. Her credit in the past was just so-so, but she’s been pretty good about sticking to her credit improvement plan. In the last 12 months, though, she had two slip-ups. She was more than 30 days late on two payments. She’s a little concerned about that. Give Alicia some recommendations on how improve her credit to get the best possible rate.