Eco Credit Warm Up

What actions will lower a person's credit score?

What actions will raise a person's credit score?

What is a credit score?

• a number between 300 and 850 representing your creditworthiness

• a statistical number that evaluates a consumer's creditworthiness and is based on credit history.

• Often referred to as a FICO score

• All of the above

What is a credit score?

• A credit score is a three-digit numerical rating that reflects how likely you are to fail at paying your debts

• A five-digit numerical rating that reflects how likely you are to repay your debt. 

• A three-digit numerical rating that reflects how likely you are to repay your debt. 

• A credit score is a five-digit numerical rating that reflects how likely you are to fail at paying your debts

When I apply to borrow money for a car, the loan company will most likely look at my credit history.

• True
• False

My landlord can report my failure to pay rent to a credit reporting agency.

• True
• False

What type of credit score is this 570?

• Average

• Great

• Poor

• Excellent