Consumer Credit

Consumer Credit

Multiple Choice

A credit score in the 500s would be defined as...

• good

• poor

• excellent

• fair

Multiple Choice

Pursuing several lines of credit in a short amount of time could paint you as...

• responsible

• wealthy

• a risk

• none of the above

Multiple Choice

It is good to know your credit score prior to going to purchase a car, in order to avoid...

• multiple hard inquiries

• multiple soft inquires

• unnecessary hastle

• all of the above

Multiple Select

What impacts your credit score the most? (check all that apply)

• large balances

• late payments

• revolving debt

Multiple Choice

One advantage of having a high credit score is...

• being able to loan money to others

• receiving better payment rates

• having the ability to buy excessively

Multiple Choice

You should never ______ a credit report.

• request

• review

• pay for