Credit History

Which of these does not appear on a credit report?

• Address
• open accounts
• late payments
• income

Which of these is a reason to establish a positive credit score?

• Lower Interest Rates
• Discounts on goods
• Receive a higher Income

Tags

CCSS.RL.6.1

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.5.1

CCSS.RL.6.2

How long is most information retained on your credit report?

• 2 years
• 5 years
• 7 years
• 10 years

Is having no credit a good thing?

• yes
• no

Tags

CCSS.RL.6.1

CCSS.RI.5.8

CCSS.RI.6.1

CCSS.RI.6.8

CCSS.RI.7.8

Which of these is not a way to build your credit score?

• Make payments on time
• close all your accounts
• Avoid opening too many accounts
• Pay at least the minimum each month

Which of these are not a way to begin your credit?

• Opening "bills"
• taking out a loan
• Getting a credit card
• Paying for everything with cash

How do you get credit inquiries on your credit report?

• A lender ask for a copy of your credit report
• You ask for your credit report
• You ask for your credit report for a lender
• All of these

Is your employment information used to determine your credit score?

• yes
• no

If someone has a score of 500, how is their credit?

• Excellent
• Great
• Good
• Very Poor

Can employers use your credit score when determining employment?

• no, they can not see your score
• yes, they can use it