Which one below is an example of a common credit mistake?
Options: Closing credit accounts, Maxing out credit cards, Regularly checking credit reports, Paying bills on time
Credit Cards

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Maxing out credit cards
2.
FLASHCARD QUESTION
Front
Based on the internet, how high should your credit score be to finance a car?
Back
660
3.
FLASHCARD QUESTION
Front
Is it a mistake to reject a pre-approved limit increase on a credit card?
Back
YES
4.
FLASHCARD QUESTION
Front
How does your credit score affect you as an adult?
Back
Your credit score can impact your ability to get loans, credit cards, rent an apartment, or get a job. A higher score can lead to better opportunities and lower costs.
5.
FLASHCARD QUESTION
Front
Which factor below does NOT affect your credit score? Options: Income level, where you bank, Age, Marital status
Back
Income level
6.
FLASHCARD QUESTION
Front
Which one below will definitely check your credit score? Options: Applying for a loan or credit card, Eating breakfast, Watching a movie, Checking your email
Back
Applying for a loan or credit card
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