Credit Score Quiz

He currently has 3 credit cards

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• Decrease

He got his first credit card 8 months ago

• Increase

• Decrease

He doesn’t have any student loans

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• Decrease

He has applied for 5 credit cards in the last year (and had 3 applications accepted)

• Improve

• Decrease

He opened his last credit card 4 months ago

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All of his 3 credit cards currently have a balance, as he has had trouble paying off his card each month

• Increase

• Decrease

He has $4,000 currently outstanding on all his credit cards

• Increase

• Decrease

He missed a payment in the last three months when he forgot to notify the card company that he had recently moved out of his apartment. He was 30 days behind on making a payment.

• Increase

• Decrease

He has no cards currently past due

• Increase

• Decrease

His credit card balances of $4,000 are about 65% of his overall limits

• Increase

• Decrease