
3A- Managing Credit Assessment
Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
+9
Standards-aligned
Anbria Powell
Used 2+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following situations is an example of responsibly taking on debt?
Get a credit card but don't use it to avoid more debt
Spend up to your credit limit each month
Become an authorized user on an adult's card
Make only the minimum payment each month
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is TRUE about a credit report?
It is a complete history of one type of credit you have
Credit reports are maintained by the 5 main credit bureaus
You can get a copy of your credit report for free
You can get a credit report only when you're 21 years old
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following does NOT contribute to your credit score?
Your payment history
Which banks issued your credit cards
Your debt-to-credit ratio
Length of credit history
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How are a credit score and credit report related?
A credit report is determined by the factors in your score
A credit score is determined by the factors in your report
Credit reports are less important than your credit score
They're not related at all
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Where can you get a free copy of your credit report?
annualcreditreport.com
freecreditreport.com
getmycreditreport.com
creditreport.gov
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What information can you find on a credit report?
Your medical insurance information
Your parents' and siblings' contact information
Your education level
Inquiries you've made on new lines of credit
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is NOT a typical type of credit?
Mortgage
Overdraft
Credit Card
Pre-Paid Debit Card
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