Your reflection should be five sentences. Use the following sentence starters as a guide. I feel confident about understanding a credit report because . . . It is challenging to remember the different factors to compare when choosing a credit card because . . . Building my credit history now can help me later because . . . In order to remember the different sources of credit, one strategy I used was . . . If I cannot remember the ways to lower the cost of borrowing, one strategy I can use is . . .
I feel confident about understanding a credit report because I have taken the time to educate myself on what information is included and how it impacts my financial standing. It is challenging to remember the different factors to compare when choosing a credit card because there are so many options available with varying rewards and interest rates. Building my credit history now can help me later because it demonstrates my ability to responsibly manage debt, making it easier to secure loans or other financial opportunities in the future. In order to remember the different sources of credit, one strategy I used was creating a chart with each type of credit and their specific terms and conditions. If I cannot remember the ways to lower the cost of borrowing, one strategy I can use is seeking advice from a financial advisor or researching online for tips and techniques.
