Credit Scores

Front

Your credit score determines how successful you will be in obtaining a loan

Back

True

Front

Which one of these is NOT one of the 3 main Credit Bureaus? Options: Equifax, Experian, FICO, TransUnion

Back

FICO

Front

Hard Inquires lower your credit score

Back

True

Front

What is the most important factor of a credit score? Options: Types of credit, Amount of debt, Inquires

Back

Payment History

Front

The highest FICO score possible is:

Back

850

Front

Bankruptcy can stay on your credit report for up to:

Back

10 years

Front

Other than FICO, which other company creates credit scores?

Back

VantageScore

Front

A high credit score means you will have the highest interest rates when applying for a loan

Back

False

Front

Applying for a credit card only affects your credit score if you use the card.

Back

False

Front

Payment history accounts for around _______ of your credit score.

Back

35%