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Consumer Credit

Consumer Credit

Assessment

Presentation

Social Studies

11th - 12th Grade

Practice Problem

Medium

Created by

Carlos Hill

Used 102+ times

FREE Resource

9 Slides • 6 Questions

1

Consumer Credit

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2

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3

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4

Multiple Choice

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

1

good

2

poor

3

excellent

4

fair

5

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6

Multiple Choice

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

1

responsible

2

wealthy

3

a risk

4

none of the above

7

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8

Multiple Choice

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

1

multiple hard inquiries

2

multiple soft inquires

3

unnecessary hastle

4

all of the above

9

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10

Multiple Select

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

1

large balances

2

late payments

3

revolving debt

11

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12

Multiple Choice

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

1

being able to loan money to others

2

receiving better payment rates

3

having the ability to buy excessively

13

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14

Multiple Choice

You should never ______ a credit report.

1

request

2

review

3

pay for

15

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Consumer Credit

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