Understanding Credit

Understanding Credit

Assessment

Flashcard

Other

11th - 12th Grade

Practice Problem

Easy

Created by

Charles Koonce

Used 1+ times

FREE Resource

Student preview

quiz-placeholder

17 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Taking out a loan builds credit history.

Back

True

2.

FLASHCARD QUESTION

Front

A car loan doesn't count on your credit report.

Back

False

3.

FLASHCARD QUESTION

Front

Credit score relates to credit history.

Back

True

4.

FLASHCARD QUESTION

Front

Credit score rarely changes.

Back

False

5.

FLASHCARD QUESTION

Front

More credit cards = better credit score?

Back

False

6.

FLASHCARD QUESTION

Front

Cancelling a credit card after paying off its balance affects your credit score.

Back

False

7.

FLASHCARD QUESTION

Front

Credit reporting agencies can have inaccuracies in their reports.

Back

True

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?