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Credit Score Impacts Challenge

Authored by Jessica Chouinard

Financial Education

12th Grade

Used 2+ times

Credit Score Impacts Challenge
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Making a late payment!

Increase Credit Score

No Change to Score

Decrease Credit Score

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Apply for 3 new credit cards.

Increase Credit Score

No Change to Score

Decrease Credit Score

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buy a card entirely in cash

Increase Credit Score

No Change to Score

Decrease Credit Score

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Get a new job with a higher paycheck.

Increase Credit Score

No Change to Score

Decrease Credit Score

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Only borrow installment loans

Increase Credit Score

No Change to Score

Decrease Credit Score

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

File Chapter 7 bankruptcy.

Increase Credit Score

No Change to Score

Decrease Credit Score

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Add a mortgage to your credit mix.

Increase Credit Score

No Change to Score

Decrease Credit Score

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