Personal Finance -2

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

Which of the following is one of the 3 nationally recognized credit bureaus?

• Equifax

• Federal Reserve

• Postal Credit

• TripleUnion

Your credit score is not configured off of which of the following:

• Payment history

• Amount of money owed

• Grades in School

• Length of credit history

Which is an exceptional credit score?

• 672

• 555

• 713

• 813

Tags

CCSS.7.NS.A.2C

What type of credit score is this 570?

• Average

• Great

• Poor

• Excellent

Paying my bills late could negatively affect my credit history.

• True

• False

Tags

CCSS.RI.7.1

CCSS.RI.7.8

CCSS.RI.8.8

CCSS.RL.7.1

CCSS.RL.8.1

Which is not included in an individual’s credit report?

• Current and past addresses
• Account balances
• Bankruptcies and foreclosures
• Medical information

One way stockholders make money is by selling their stock for more money than they paid for it.

• TRUE
• FALSE

Why does a company issue stock?

• to brag about their profits
• to attract money
• to gain publicity
• because it is required by law

Tags

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

When you own part of a company, this means you own ________ of that company.

• dividend

• asset

• stock

• bankrupt

Tags

CCSS.RI.7.7

CCSS.RI.8.7

CCSS.RL.7.7

CCSS.RL.8.7

CCSS.RL.9-10.7