Managing Credit
English
30-Day Money Back Guarantee
Full Lifetime Access
Self-Paced
Finish in
44 mins!
Finish in
44 mins!
Made for for
Employees
only
Employees
only
Certificate
of Completion
of Completion
Mobile -
Friendly
Access
Friendly
Access
What you'll learn
This topic can help you get a better grasp of some of the more complex financial themes that you'll come across in your life.
Skills covered in this course
Description
The concept of credit may seem intimidating or even not worth the trouble at first glance. The risk of acquiring too much debt or the responsibility of having to make monthly payments or face severe consequences, and so forth, can make it seem like it's a better idea to just stick to cash and maybe a checking account. But the truth is that credit is an important part of giving yourself a firm foundation for financial success. In this course, you'll discover why you need credit, as well as some of the reasons why you might want credit. We'll discuss what lenders look at, including your credit history and credit scores. We'll also go over common loan types.
System Requirements
• Windows 7 and newer
• Mac OS 10 and newer
Supported Browsers:
The current and previous major releases of the following browsers
• Safari v11 and higher
• Firefox v65 or higher
• Chrome v70 and higher
• Microsoft Edge v42 and higher
• Internet Explorer v11 and higher (Windows only- may exhibit visual differences from other
browsers)
Computer Speed and Processor:
• Use a computer 5 years old or newer when possible.
• 1GBofRAM
• 2GHz processor
Author
Making the Workplace Safer and Smarter
HSI (Health & Safety Institute) is a recognized leader in Environmental, Health and Safety (EHS) and workforce development software, training, and compliance solutions.
HSI is your single-source partner for EHS, Compliance, and Professional Development solutions. HSI provides integrated e-learning content, training solutions, and cloud-based software designed to enable your business to improve safety, operations, and employee development. Across all industries, we help safety and technical managers, human resources, first responders, and operational leaders train and develop their workforce, keep workers safe, and meet regulatory and operational compliance requirements. We are a unique partner that offers a suite of cloud-based software solutions including learning management, safety management, chemical SDS management, and more, integrated with our content and training so businesses can not only monitor and manage multiple workflows in one system, but train employees via one partner.
Managing Credit
Managing Credit: Why You Need Credit
The concept of credit may seem intimidating or even not worth the trouble at first glance. The risk of acquiring too much debt or the responsibility of having to make monthly payments or face severe consequences, and so forth, can make it seem like it's a better idea to just stick to cash and maybe a checking account. But the truth is that credit is an important part of giving yourself a firm foundation for financial success. In this course, you'll discover why you need credit, as well as some of the reasons why you might want credit. We'll discuss what lenders look at, including your credit history and credit scores. We'll also go over common loan types.
Managing Credit: Your Credit History
When you open your first line of credit, you immediately start building your credit history. But what exactly does that mean? What goes into your credit history, and how do you make sure you're building it the right way? That's what this course is all about. We'll discuss everything that gets included in your credit history, both good and bad, and who collects that data. We'll go over three different strategies for building your credit history and ensuring that it remains positive.
Managing Credit: How to Read a Credit Report
Learning how to read a credit report is a vital part of understanding the health of your credit as well as checking its accuracy. In this program, you'll learn about the six different sections of your credit report. This includes personal information, employer history, consumer statements, account information, public records, and inquiries. Your credit score also appears on the statement, so we'll discuss the full credit score range and what your number means on the scale. Finally, we'll talk about what to do if you find inaccurate information on your credit report.
Managing Credit: Understanding Credit Scores
Any time you start looking into improving your financial standing, you probably hear a lot about your credit score. Is it good, bad, or somewhere in between? And what does that even mean? In this program, we'll discuss how credit scores are calculated, the factors that go into those calculations, and how your financial activity impacts those factors. We'll also talk about financial behaviors that will ensure good credit scores.
Managing Credit: Identity Theft
One of the real threats of living in a society that does a lot of business without the use of physical cash is identity theft. In this course, you'll learn what identity theft is, how it's carried out, some strategies you can use to avoid it, and what to do if you think it's happened to you.
Managing Credit: Debt Management
Over the course of your adult life, you'll likely take on multiple forms of debt. Starting with credit cards and student loans and graduating to auto loans and home mortgages, managing debt will likely become a big part of your life. In this course, we'll go over strategies for how to best manage debt, and we'll discuss what to do if you get in over your head.
Managing Credit: Avoiding Credit Problems
Figuring out how to use and manage credit to your advantage can be a learning process for many. Doing your research and setting some rules for yourself as you begin using credit will help you avoid credit problems. In this program, we'll explore the common pitfalls of credit, including lacking credit history, forgetting to make payments, and spending too much, too fast. We'll also go over how to avoid these mistakes so your credit can continue to grow and improve.
