
Credit Test review
Authored by TONYA VOWELS
Business
9th - 12th Grade
Used 12+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is considered to be open-end credit?
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
To qualify for a Federal Housing Administration (FHA) loan, a person must generally
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which number is the better Credit Score?
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When a person declares bankruptcy that fact will appear on the person's credit report
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A credit card finance charge is:
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A creditor may deny credit because of:
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take?
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