SPEECH PLAN FOR INFORMATIVE SPEECH
Title:“What lifestyle do you want to live? Understanding Your Credit” Topic:Credit Reports and Credit Scoring
Specific Purpose:I want my audience to understand the factors that make up their credit scores. Thesis Statement: The factors that make up the credit scores are: payment history, debt, length of credit history, new credit, and type of credit used. (www.myfico.com) Organizational Pattern:Categorical
Forms of Support:Explanation, graphs, expert testimony, statistics.
Get their attention:Comparison slide of house, car, and job. Make it hit home:Review the first slide. For many, the difference of these two types of lifestyles has nothing to do with knowledge or work ethic, but is based solely on their credit. Reveal Topic:Understanding Your Credit, What options do you want? Aspects of Speech:We are going to review the different factors that make up your credit score: Your payment history, debt, length of credit history, new credit, and type of credit used. Most of the slides and data provided are from FICO, the Fair Isaac Corporation, which the company that compiles credit scores. Transition:Let’s see how much we can cover in 6 minutes.
4-S Development of Main Points
Signpost first factor:First, let’s talk about the payment history. State first factor:The Payment History is the largest single contributing factor to your credit score. Support first factor:The Payment History makes up 35% percent of your credit score. (www.myfico.com). The Payment History includes: Revolving Accounts, Installment Accounts, Collections, and Public Records. Listings remain on the payment history for 7 years; and bankruptcy information can remain on the payment history for up to 10 years. Summarize first factor:The payment history receives most of the attention when you and when lenders look at your credit. To keep a high credit score, you must keep your...