Credit Report Quiz
Authored by Elizabeth Oyeteju
Specialty
10th - 12th Grade
CCSS covered
Used 55+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Maintaining a reasonable amount of unused credit
Positive Impact
Negative Impact
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Pursuit of new credit accounts for 15% of your credit score.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Numerous credit applications in a short period of time.
Positive Impact
Negative Impact
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Checking credit reports annually to search for mistakes.
Negative Impact
Positive Impact
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Four categories of information from an individual’s credit report are used to determine a credit score.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A mathematical tool created to help lender evaluate the risk associated with lending customers money
Credit
Credit Score
Credit Report
Credit History
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When goods, services and/or money is received in exchange for a promise to pay back a definite sum of money at a future date.
Credit History
Credit Score
Credit
Credit Report
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