Credit Review

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

I should review my credit report for errors.

• True
• False

A credit report contains my personal information such as my address and social security.

• True
• False

Late payments are retained on credit reports for 7 years.

• True
• False

A bad credit report cannot affect my chances of getting a job.

• True
• False

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