What is the numerical range for credit scores?
Personal Finance Final Exam

Quiz
•
Business
•
12th Grade
•
Medium
Michelle Casarrubias
Used 25+ times
FREE Resource
33 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
350-850
300-850
350-900
300-900
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
573 credit score is ______?
Very Good
Fair
Poor
Very Poor
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the names of the three credit bureaus?
Transequifax, Transiberian, Equality
Experian, Equifax, and TransUnion
Econlowdown, Everfi, Banzai
Wikileaks, Expedia, Transiberian
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many free credit reports are you entitled to each year?
One credit report, from each of the three credit bureaus.
You are not entitled to a free report.
Six credit reports, from each of the three credit bureaus.
Two credit reports, from each of the three credit bureaus
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is interest? (In relationship to the consumer using a form of credit)
The cost you earn in interest.
The annual fee credit companies charge.
The cost of borrowing, if you do not pay your debt in full.
Consumers never pay interest when they borrow.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much should you always have left over when using a credit card?
70%
$300
Max out
30%
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a disadvantage of using credit?
Carrying a balance and paying interest.
Increases a consumers debt they owe.
Safer than carrying cash.
Way too tempting; impulse buying.
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