Credit Review

Credit Review

11th - 12th Grade

25 Qs

quiz-placeholder

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Credit Review

Credit Review

Assessment

Quiz

Other

11th - 12th Grade

Practice Problem

Medium

Created by

Jennifer Phoonphiphatana

Used 47+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Revolving Loan

Mortgage

Personal Loan

Student Loan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount you pay to borrow someone money.

Interest

Fees

Deposit

Credit

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which is NOT one of the three credit bureaus?

Experian

Trac All

Trans Union

Equifax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the classic FICO credit score scale?

100-500

300-1000

500-900

300-850

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Length of history

Types of credit

Payment history

New credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Purchase

Cash Advance

Emergency Fund

Cash Transaction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

www.freecreditreport.com

www.creditreports.org

www.creditkarma.com

www.annualcreditreport.com

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