Credit Unit Flashcard

Credit Unit Flashcard

Assessment

Flashcard

Computers

11th Grade

Practice Problem

Hard

Created by

STACEY BRADSHAW

FREE Resource

Student preview

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40 questions

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1.

FLASHCARD QUESTION

Front

FICO score

Back

A person's credit score calculated with software from Fair Isaac Corporation

2.

FLASHCARD QUESTION

Front

Which agencies are known as credit bureaus? Options: Experian, TransUnion, and Equifax; Visa, MasterCard, and American Express; Google, Apple, and Microsoft; Facebook, Twitter, and Instagram

Back

Experian, TransUnion, and Equifax

3.

FLASHCARD QUESTION

Front

What do credit bureaus do with your credit history?

Back

Sell it to creditors

4.

FLASHCARD QUESTION

Front

What is a credit report compared to in the text? Options: A financial statement, A report card for your credit history, A bank account summary, A tax return document

Back

A report card for your credit history

5.

FLASHCARD QUESTION

Front

Why is it important to check your credit report regularly?

Back

To spot signs of fraud or identity theft

6.

FLASHCARD QUESTION

Front

At what age can you request a free copy of your credit report from each of the three main credit bureaus?

Back

18

7.

FLASHCARD QUESTION

Front

How often can you request a free credit report from each bureau?

Back

Once a year

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