Credit Reports

My credit history does not affect my chances for renting my first apartment. Is this statement True or False?

• True

• False

Routinely paying my bills late could negatively affect my credit history. Is this statement True or False?

• True

• False

To build a positive credit history, I should pay cash for all purchases. Is this statement True or False?

• True

• False

When I apply to borrow money for a car, the loan company will most likely look at my credit history. Is this statement True or False?

• True

• False

I need to first pay bills, such as a loan or a phone bill to establish credit history. Is this statement True or False?

• True

• False

The more credit cards I have the higher my credit score will be. Is this statement True or False?

• True

• False

Having a small amount of debt is good for my credit history. Is this statement True or False?

• True

• False

My landlord can report my failure to pay rent to a credit reporting agency. Is this statement True or False?

• True

• False

If my credit card allows me to charge up to $1000, I should charge the maximum amount to build my credit history. Is this statement True or False?

• True

• False

I should review my credit report for errors. Is this statement True or False?

• True

• False