“Credit” Parent/Guardian Discussion 5.1

Section 5.1: Credit Parent/Guardian Discussion

Please have a discussion with your student relating to the following questions. 

1. Do you know that you have a FICO (credit) score?
2. Do you know what your FICO (credit) score is?
3. Do you know how to make your score better?
4. How many credit cards do we, as a family, have?
5. How much do we use credit? Very Little / To Much
6. What do we use credit for?
7. As an adult how do you feel about credit?
8. Is the outstanding balance on our credit cards paid off every month?
9. How much, on the average, do we pay in interest each month?
10. What do you wish you would have known about credit and credit cards before you started using either one?
11. What would you suggest I learn about credit and credit cards before I start using them?

Yes, My student and I had a very intriguing discussion concerning the use of Credit 

Parents/Guardians, please reply once the discussion has occurred.