Credit Score/ Credit Report
Flashcard
•
Mathematics
•
6th Grade
•
Practice Problem
•
Hard
Standards-aligned
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a credit score?
Back
A credit score is a numerical representation of a person's creditworthiness, typically ranging from 300 to 850.
2.
FLASHCARD QUESTION
Front
What does a credit report contain?
Back
A credit report includes information about an individual's credit history, such as current and past addresses, account balances, bankruptcies, and foreclosures.
3.
FLASHCARD QUESTION
Front
True or False: A loan company will look at your credit history when you apply for a loan.
Back
True
4.
FLASHCARD QUESTION
Front
Which of the following is NOT included in a credit report? Medical information, Current and past addresses, Account balances, Bankruptcies and foreclosures.
Back
Medical information.
5.
FLASHCARD QUESTION
Front
What is the most common credit scoring system?
Back
The most common credit scoring system is called FICO.
6.
FLASHCARD QUESTION
Front
What is the range of a typical credit score?
Back
The typical credit score ranges from 300 to 850.
7.
FLASHCARD QUESTION
Front
What happens if you apply for many credits in a short time?
Back
It can have a negative impact on your credit score.
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