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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
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Inventory
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Inventory
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Inventory
Inventory
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Inventory
Inventory
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Inventory
Inventory
Inventory
Inventory
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Inventory
Inventory
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Inventory