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Skip Navigation LinksHome > Resources > Credit Education
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John Ulzheimer teaches Future Business Leaders of America students about the Importance of Understanding Credit

 

HOW MUCH WILL IT COST?

       Retail Price is
       roughly $50,000

 

  • After 48 payments with good credit scores this
    SUV will cost you $56,300 (6% interest rate)
  • After 48 payments with average credit scores this
    SUV will cost you $59,700 (9% interest rate)
  • After 48 payments with bad credit scores this
    SUV will cost you $64,400 (13% interest rate)
  • After 48 payments with horrible credit scores this
    SUV will cost you $79,500 (25% interest rate)

 Credit Education

  • Better Business Bureau Cautions Against High Cost Payday Lenders
  • Better Business Bureau - Consumer's Rights on Canceling a Contract
  • Better Business Bureau - Tips on Credit Repair Fraud
  • Borrowing Basics - Money Smart - FDIC
  • Charge It Right - Money Smart - FDIC
  • Comptroller Dugan Urges Federal Reserve to Consider Rule Allowing Consumers to Opt Out of High Credit Card Rates - September 27, 2007
  • Experian - Free materials providing information about credit reports and credit scores
  • Loan to Own - Money Smart - FDIC
  • To Your Credit - Money Smart - FDIC

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Georgia Consortium for Personal Financial Literacy. Copyright (c) 2007. All rights reserved.