Visa $10000 Score Contest
The Visa $10000.00 "What's My Score Video Contest".
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Even bad credit people can participate in the Visa What's My Score contest. The contest is to increase awareness of the importantace of credit report scores among young adults, most noteably college students.
The Visa content contest (see details and enter at WhatsMyScore.org) offers a total of $10,000 in prizes for creating short videos on credit scoring.
Entrants have until July 31, 2007, to register and to submit original, 30 second videos on the importance of personal credit awareness. Once Visa approves a video entry, each filmmaker will have the ability to embed their video on other websites to help garner public votes for their submission while spreading the message about the significance of credit scores. Each contestant's video will also be given its own customized What's My Score website link. In addition to receiving monetary prizes, Visa will use the winning videos as part of a national outreach campaign to help improve the financial literacy of college students.
The contest is not limited to film students or even college students. All U.S. residents who are at least 18 years old are encouraged to submit a video.
Video submissions for the "What's My Score Video Contest" should reinforce credit rating principles and lessons advocated by What's My Score for grand prize consideration. Finalists will have their entries posted at WhatsMyScore.org, and a panel of judges will determine the winning video based on originality, clarity and relevance to the What's My Score program. The creator of the grand prize video as determined by the judges will win $5,000 for his or her efforts. The public also has a chance to view and select their favorite videos. Makers of the first and second place videos, as determined by the votes of registered What's My Score website visitors, will win $3,000 and $2,000, respectively. No purchase necessary. For a complete explanation of contest rules and regulations, including entry criteria, please visit WhatsMyScore.org/contest/rules.php.
The striking need to educate college students about credit scores was reinforced by the results of a recently released Visa survey of credit and debit cardholders which found that only 17 percent of respondents knew their FICO credit score by the time they were 21 years old.
To address this problem, Visa recently launched the What's My Score program for college students and young adults. A major expansion of Visa's decade-long commitment to financial literacy, What's My Score demystifies credit scores for college students and provides free information on how young adults can improve their scores. A wide variety of resources on the website help students learn the basics of financial management, including budgeting, saving, paying for college, buying a car, getting a first job, protecting their identity and critically evaluating different loans. There are also comprehensive materials available to assist college professors and administrators in teaching students about these vital financial life skills.
In addition to What's My Score, Visa also runs the award-winning Practical Money Skills for Life program (PracticalMoneySkills.com), a free, multilingual educational resource complete with home, school and at work financial lesson plans. Practical Money Skills for Life is aimed primarily at teachers and students in elementary through high school, as well as adult consumers.
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