Week 3 Credit Report and FICO Scores

• FICO Scores and Credit Report QUIZ

• Free Credit Report

• How to Invest (for students with no Social Security number)

• Creditor List

• Capstone Review

• Update Your BayRock/RightCapital Plan Today!

Before You Begin – Take Week 3 Quiz at MoneyStudyGroup.com

*Include ScreenShot, Please do not submit this assignment until AFTER you pass Week 3 Credit Quiz!

• Take this week’s quiz in your Money Study Group Course

• Grab a ScreenShot

• Include the Screen Shot in this week’s article

Part One Get Your Free Credit Report

Go to AnnualCreditReport.com and obtain at least one Free Credit Report for yourself.

Free Credit Report Online

Part Two Create a List of Creditors

Create a List with four columns, in the first column List of ALL of your Creditors,

• In the second column list the balance of your loan with each creditor,

• In the third column, the monthly payment amount (if student loan, the monthly amount you will pay after college),

• In the fourth column, include the address and phone number for contacting your creditor

• Add each of your Debt Items to your financial planning portal

Save a PDF copy of your Credit Report in a safe and convenient place so that you can easily retrieve it later.

Part Three Capstone Review and Next Steps

By now, every student should have already registered at BayRock/RightCapital.

• If you have not already done so, do it now.

• Be sure you have completed Week 2 Assignment!

• My team will need to update your planning portal in order to give you access to several additional data cards.

• You will need access to these data cards for next week’s assignment!

If you delayed in completing your Week 2 Assignment, my team will not be able to update your planning portal and you will not be able to complete your assignments moving forward.

Part Four Upload One Document to BB

In order to receive full credit (50 points) for this assignment, you will need to upload each of the items listed:

• Screenshot of Week 3 Credit Quiz in Money Study Group (Passing Score of 80%)

• PDF copy of Credit Report (Optional, I don’t care to see it but I want you to either upload it for me to see or provide a summary of what’s on your credit report)

• Your Creditor List as outlined above (if you have no creditors, just tell me that)

• Brief Narrative Commentary about what you found on your Credit Report (Not Optional!!)

• Screenshot of this week’s class collaboration component as discussed in the weekly Zoom Meeting

If you could not complete a Credit Report, complete the alternative assignment in BlackBoard for this week. See Blackboard Assignments.

Your Credit Report can be submitted as a PDF document in BlackBoard Learn. I will delete your credit report once I have viewed it. If you have questions about your credit report and want my input, I will need to see it. On the other hand, if you’re not comfortable sharing this confidential information, simply provide comments about your credit report sharing what you learned in this assignment.

When I pulled my own Credit Report I found a lot of information that did NOT belong on my Credit Report. After a little research, I discovered that (by co-signing a car loan for one of my employees) much of their credit information was now a part of my Credit Report.

This is a very important assignment; if you want to take responsibility for your personal finances, getting a Free Credit Report every year is a very good habit. Start now. Feel free to share this assignment with friends and family members who may also benefit by getting a FREE Credit Report – Every Year!

Free Credit Report Online

Assignment B

For Students with NO Credit Report

How to Invest

This Assignment is ONLY for Students with No Credit Report

If you can get a Credit Report, you must complete the Week 3 Credit Report Assignment

Part One

Before You Begin – Take Week 3 Credit Quiz in MoneyStudyGroup.com

Grab a ScreenShot showing you Passed with 80%

Include the Screen Shot in this week’s article/PDF

Part Two — How to Invest

• Go to the YouTube Link and watch the entire video: How to Invest

• Provide an Outline of the entire video (be sure to include the title of each section).

• What is the Purpose of this Lecture? (begins at about 21 minutes)

• Becoming an Investor (the rest of the video has a lot of GREAT information about being an investor).

— Watch all of the video and create a professional outline of the lecture.

— Write an article (800 — 1000 words) about becoming an investor (starting at about 21 minutes into the video):

Organize your article and apply good formatting so that your article is easy to read and professional in appearance.

Part Three Capstone Review and Next Steps

By now, every student should have already registered at BayRock/RightCapital.

• If you have not already done so, do it now.

• Be sure you have completed Week 2 Assignment!

• My team will need to update your planning portal in order to give you access to several additional data cards.

• You will need access to these data cards for next week’s assignment!

If you delayed in completing your Week 2 Assignment, my team will not be able to update your planning portal and you will not be able to complete your assignments moving forward.

Part Four Upload One PDF Document to BB

In order to receive full credit (50 points) for this assignment, you will need to create one PDF file containing each element listed:

• Screenshot of Week 3 Credit Quiz in Money Study Group (Passing Score of 80%)

• Your Video Summary/Article — How to Invest

• Screenshot of this week’s class collaboration component as discussed in the weekly Zoom Meeting