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Credit Escape Room

Robert Eikenberry

Created on October 8, 2024

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Transcript

how scary is your credit? Escape room

START

Introduction

"A ghost is trapped in this house, doomed to wander it until it regains all its memories. To help it find them, you must first overcome all the challenges and collect the missing objects in your inventory. Explore the house and try not to gettrapped yourself…"

Explore the house

Inventory

01

What is credit?

The ability to acquire money, goods, or services from others without immediate payment.

The act of saving money for future purchases.

The ability to acquire money without repayment

02

What must be considered before a lender accepts a credit agreement?

Personal preferences

The borrower's creditworthiness

Current market trends

03

Which of the following is NOT a source of credit?

Mortgage Companies

Banks

Supermarkets

04

What type of loan is typically used for purchasing automobiles?

Intermediate term loan

Short term loan

Long term loan

This is not correct...

Find the key to continue

Continue exploring the house

Inventory

01

Which of the following best describes revolving credit?

A line of credit that can be used repeatedly up to a limit.

A fixed laon amount paid over time

A credit card that can only be used for emergencies

A loan with a set repayment schedule

02

What is the purpose of a credit score?

To assess an individual's credit habits and risk level

To determine the total debt of an individual

To determine the amount of credit available

To calculate interest rates for loans

03

Which of the following factors is NOT considered in calculating FICO scores?

Credit utilization

Payment History

Lenght of credit history

Race

04

What is a grace period in credit terms?

A period when no interest is charged if the balance is paid in full.

A time frame for paying off a debt.

A promotional period for lower interest rates.

A penalty period for late payments

You found a secret message

♪♬ø

Remember these notes and play them on the piano in the correct order

01

...Keep playing

02

...One more

03

Start over...

You found a new item for your inventory

Continue exploring the house

Inventory

♪♬ø

Use the magnifying glass to search for the code and then insert it into the typewriter

224

Enter the secret code

Code

What should you do if you find errors in your credit report?

01

Dispute them with the credit bureau

File for bankruptcy

Ignore them

What type of fees may credit card companies charge?

02

Transactional fees

Cash Advance fees

All of these

Annual fees

Which of the following is a common tip for improving your credit score?

03

Close all unused credit cards

Pay your bills on time

Ignore your credit report

A briefcase has appeared...

It's locked...look in the inventory for something to open it

Congratulations

You have recovered all the memories of the ghost! Now it can finally rest and you can escape from the house!

Are you sure you want to exit?

You will lose all progress made so far...

Back

Exit

Oh, no. You failed...

Inventory

Inventory

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Inventory

Inventory

Inventory

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Inventory

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Inventory

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Inventory

Inventory

Inventory

♪♬ø

Inventory

Inventory

♪♬ø

Inventory

Inventory

Inventory

Inventory

♪♬ø

Inventory

Inventory

♪♬ø

Inventory

♪♬ø