6.2 Credit Reports

Multiple Choice

Remember from yesterday: What category of your credit score is worth 30% of your score?

• Payment History

• Amounts Owed (Credit Utilization)

• Length of Credit History

• New Credit

​https://www.youtube.com/watch?v=1QkpdgOBI-Q

Multiple Choice

If I want to decrease my credit utilization, what can I do?

• Ask my credit card for a higher limit

• Decrease my spending

• Open another credit card to increase my credit limit

• All of the above

Multiple Choice

What percentage of people age 18-24 NEVER check their credit score?

• 0%

• 16%

• 38%

• 52%

​https://edpuzzle.com/media/5cad0cfa346a53410d713b4a

Multiple Select

What is shown on a credit report?

• History and track record of paying bills

• Open/Closed accounts

• Late Payments

• Credit Inquiries

• Credit Score

Multiple Select

What is NOT shown on a credit report?

• Marital Status

• Income

• Bank Accounts

• Education

• Credit Score

Multiple Select

Besides lenders, who can look at my credit report?

• Your friends

• Employers

• Landlords

• Public Utilities

Multiple Choice

Is my credit score impacted when I check my credit report?

• Yes

• No

Multiple Choice

Is my credit score impacted when a LENDER checks my credit report?

• Yes

• No

​https://www.annualcreditreport.com/index.action

​https://www.youtube.com/embed/MzteNX5w1vA