Credit Reports 12_1

Front

My credit history does not affect my chances for renting my first apartment. Is this statement True or False?

Back

True

Front

Routinely paying my bills late could negatively affect my credit history. Is this statement True or False?

Back

True

Front

To build a positive credit history, I should pay cash for all purchases. Is this statement True or False?

Back

False

Front

When I apply to borrow money for a car, the loan company will most likely look at my credit history. Is this statement True or False?

Back

True

Front

I need to first pay bills, such as a loan or a phone bill to establish credit history. Is this statement True or False?

Back

True

Front

The more credit cards I have the higher my credit score will be. Is this statement True or False?

Back

False

Front

Having a small amount of debt is good for my credit history. Is this statement True or False?

Back

True

Front

My landlord can report my failure to pay rent to a credit reporting agency. Is this statement True or False?

Back

True

Front

If my credit card allows me to charge up to $1000, I should charge the maximum amount to build my credit history. Is this statement True or False?

Back

False

Front

I should review my credit report for errors. Is this statement True or False?

Back

True