Title: Evaluate the effect of a credit rating on financial decisions and potential transactions.
Course: Agricultural Business Management III (18201-36) > Section: Making Consumer Choices

Evaluation should include

- the components of the credit report
- the duration for which the credit report is valid
- uses for the credit report
- privacy issues regarding the credit report
- situations in which the credit report might be accessed by others
- criteria for personal and business loans
- methods for improving a credit score.

Process/Skill Questions:

- Why might one want to improve their credit score?
- What steps can one take to improve their credit report?
- Who can access a person’s credit report?
- How can poor credit reports affect one’s working life/employment?
- What are steps one can take if they should become a victim of identity theft?