Credit Review

What is the type of loan used to purchase a home?

• Revolving Loan

• Mortgage

• Personal Loan

• Student Loan

The amount you pay to borrow someone money.

• Interest

• Fees

• Deposit

• Credit

Which is NOT one of the three credit bureaus?

• Experian

• Trac All

• Trans Union

• Equifax

What is the classic FICO credit score scale?

• 100-500

• 300-1000

• 500-900

• 300-850

What is the most important factor in determining your credit score?

• Length of history

• Types of credit

• Payment history

• New credit

When you use a credit card to access cash from a bank.

• Purchase

• Cash Advance

• Emergency Fund

• Cash Transaction

What is the official website to access your yearly free credit reports?

• www.freecreditreport.com

• www.creditreports.org

• www.creditkarma.com

• www.annualcreditreport.com

The length of time before you get charged interest.

• Free period

• Installment

• Grace period

• Waiver

When you fail to pay your loan on time or your payment bounces.

• Credit

• Loan

• Default

• Interest

How often can you get your free credit reports (from each bureau)?

• Anytime

• Once per year

• Twice per year

• Three times per year