
Credit Scores
Authored by Andrea Saunders
Life Skills
12th Grade
Used 35+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The more credit cards you have, the better.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A low credit score indicates that the person is financially responsible.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A high credit score heightens the persons chances of getting a loan.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following intervals exemplifies excellent credit scores?
300-549
550-649
700-749
750-850
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Read the following situation:
Gloria has a credit card with a limit of $5000. Every month she uses up at least 90% of her credit and pays interest rates because she cannot cover the full amount monthly. Are Gloria's credit habits going to help her get a high score?
Yes
No
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following are good credit habits? You can select multiple options.
Missing payments
Avoid exceeding your credit limits
Not spending more than you can afford
Making payments above the minimum
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your credit score determines how successful you will be in obtaining a loan
True
False
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