To help high school students learn the importance of using credit responsibly, AIG United Guaranty is providing its credit score-teaching game for free. Titled "The Big Score," the game covers the history of credit scoring, the components of a consumer's credit score, ways to improve a low credit score and the meaning of credit score ranges.
The game, a $140 retail value, will be offered through a partnership with the National Association of Mortgage Brokers and Distributive Education Clubs of America Incorporated (DECA), a student organization that supports the development of marketing and management skills in career areas such as finance, business administration, sales and service, entrepreneurship and hospitality. The game has been sent to 2,000 DECA clubs along the East Coast to be used as a component of credit scoring classes.
"Our goal is for students to understand how their individual behaviors can impact their financial futures," said Christine Hagan, assistant vice president of Mortgage Industry Training. "The key is to teach financial responsibility before the students are offered credit cards, so they dont dig themselves into a financial hole before they even enter the working world."
For more information, visit www.ugcorp.com.