Building Your Credit

Front

What is the range of a typical credit score?

Back

300-850

Front

When Noah checked his credit report, what information did he find regarding his identity?

Back

name and address; His grandmother's social security number

Front

"Hard inquiries" are when you ____.

Back

Apply for a new card

Front

When Ollie checked his credit report, he noticed that his accounts were marked as being in good standing. This indicates ____.

Back

Payments were made on time

Front

Ashton is applying for a loan and discovers her credit score is 579. What does this score indicate about her as a borrower?

Back

Very risky borrower

Front

Eli is reviewing his credit score report and wants to know the total percentage of his credit score that is determined by his credit history from 25-36 months and 37+ months. What is the total percentage?

Back

30%

Front

Makayla is trying to understand her credit score. She learns that the factor 'How much you owe' contributes ___% to the FICO score. Can you help her fill in the blank?

Back

30%

Front

What percentage of Jerry's FICO score is determined by the length of his credit history?

Back

15%

Front

What percentage of Carsyn's FICO score will be determined by new credit?

Back

10%.

Front

Tanner is considering opening more credit card accounts. More revolving credit can ______ his credit score.

Back

Decrease