
Credit Score Quiz
Authored by James Hyde
Other
Professional Development
Used 3+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit score?
The total amount of money a person has
A numerical representation of a person's creditworthiness
The number of credit cards a person owns
The sum of a person's monthly income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following factors typically influences a credit score the most?
Length of credit history
Types of credit in use
New credit accounts
Payment history
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often are individuals entitled to receive a free credit report from each of the major credit bureaus?
Once a year
Twice a year
Every month
Only upon request
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the highest possible credit score according to the FICO credit scoring model?
800
850
900
1000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following actions is likely to have a positive impact on your credit score?
Closing an old credit card account
Paying bills late
Opening multiple new credit accounts in a short period
Keeping credit card balances low relative to credit limits
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