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Credit Bureaus and Collection Practices

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12th Grade

Used 34+ times

Credit Bureaus and Collection Practices
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13 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to Dave Ramsey, it is extremely important to have a high credit score.

True
False

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mrs. Weissinger believes that it IS possible to have credit and still be financially responsible.

True
False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The only way to have a FICO is to have debt.

True
False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A credit bureau can remove a late payment from my credit report once I have paid the late payment and all of the appropriate fees.

True
False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following will help improve your credit score?

Pay cash for everything.
Responsibly use your debit card.
Responsibly use your credit card.
None of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is likely to check your credit score?

Auto insurance company
Credit card company, when applying for their card
Utility company
All of the above

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Statistically speaking, who is more likely to steal your identity?

Grocery store cashier

A family member

Your brand new neighbor

Person behind you in the check-out line

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