A story to illustrate how credit scores work in real life. Jennifer needs a new car. Learn about her trip to the auto dealer. have <a>Credit Scores Explained</a> Even further.

1. Credit Scores Explained
by CreditExaminer.org
Jennifer drives a beater.
It clinks, it clangs,
the doors stick, the
windows wont roll up...
and she's had enough of whatever this
'new' noise is that her cars making.

2. So she pulls into the car lot
looking for something to end
this issue once and for all.

3. Jennifer got a new job about
6 months ago, so she knows
she can afford payments.
But she hasnt had a great
track record in the past
with her credit cards.

4. She meets Franky,
the used car salesman.

5. Jennifer is a female with
little knowledge of cars.

6. Shes also kinda pretty.

7. So Franky has a lot to
talk about to keep
Jenny on the lot.

8. Jenny spots her perfect car.

9. Its gas efficient,
has low miles,
a clean body,
and nothing happened
to the tires
when she kicked them.

10. Years ago, when a customer
wanted to buy a car it was a
long, enduring wait.

11. The finance guy had to
evaluate page after page
of credit information to know
if Jennifer would be
approved for a loan.

12. If it were a busy day,
they might even tell her to
come back tomorrow.

13. Luckily for Franky, in about 10
minutes he can pull her credit
report and find a credit score.

14. Her credit score will put her
in the running... or take her out.

15. If her score is high enough,
Franky can quickly look for
any reposessions or
defaulted auto loans.

16. He can know right now,
is Jenny driving away
with a new car today?

17. Luckily, Jennifers score is high
enough to get an auto loan and her
past credit issues were old enough
to not kill the deal.
Shes clear of repos and defaults
and they start the paperwork.

18. Jennifer drives home in her
shiny new/used car and its a
happy day for both of them.

19. For more riveting stories
or if youd like to have
credit scores explained
even further,
visit CreditExaminer.org