Managing Credit

Front

A key factor influencing credit scores is: Recent inquiries, Monthly expenses, Martial status, Education level

Back

Recent inquiries

Front

All of the following are part of a credit report EXCEPT:

• Spending Habits
• Loan Repayment
• Credit Limit Utilization
• Current Credit Inquiries

Back

Spending Habits

Front

Failing to pay federal student loans may result in:

Back

Tax refund garnishments

Front

A cosigner on a loan can help by:

Back

Boosting approval odds

Front

Which of the following is TRUE about a credit report?

Back

You can get a copy of your credit report for free

Front

Which of the following does NOT contribute to your credit score?

• Your payment history
• Which banks issued your credit cards
• Your debt-to-credit ratio
• Length of credit history

Back

Which banks issued your credit cards

Front

Establishing credit early can help with:

Back

Getting better interest rates

Front

Which of the following is TRUE about finding errors on your credit report?

Back

You may have to file a dispute with each credit bureau

Front

The main advantage of a secured credit card is:

Back

Improving credit score

Front

Why might older individuals typically have higher credit scores?

Back

They have longer credit histories