
Understanding Credit Scores and Consumer Alerts

Flashcard
•
Other
•
9th Grade
•
Hard
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8 questions
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1.
FLASHCARD QUESTION
Front
What is a credit score?
Back
A number that estimates how likely you are to repay a loan
2.
FLASHCARD QUESTION
Front
Which of the following is NOT a factor in determining your credit score?
The amount of debt you have,
The length of your credit history,
Your payment history,
Your favorite color
Back
Your favorite color
3.
FLASHCARD QUESTION
Front
What is the typical range for a credit score?
Back
300-850
4.
FLASHCARD QUESTION
Front
Which website is authorized by law to provide free credit reports?
Back
AnnualCreditReport.com
5.
FLASHCARD QUESTION
Front
What should you do if you receive a text offering a job you didn't apply for?
Back
Ignore it, as it is likely a scam
6.
FLASHCARD QUESTION
Front
What is a common sign of a fake shopping site?
Back
Use of stolen photos and logos
7.
FLASHCARD QUESTION
Front
What is one way to improve your credit score?
Back
Paying bills on time
8.
FLASHCARD QUESTION
Front
What is the purpose of a credit-based insurance score?
Back
To decide insurance eligibility and premiums
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