Understanding Credit Reports

Understanding Credit Reports

6th - 8th Grade

5 Qs

quiz-placeholder

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Understanding Credit Reports

Understanding Credit Reports

Assessment

Quiz

Mathematics

6th - 8th Grade

Practice Problem

Easy

CCSS
RI.6.3, RI.6.5, RI.7.5

+2

Standards-aligned

Created by

Sharndon White

Used 8+ times

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5 questions

Show all answers

1.

CATEGORIZE QUESTION

10 mins • 1 pt

Identify whether each piece of information is included in a credit report or not.

Groups:

(a) Included in a Credit Report

,

(b) NOT Included in a Credit Report

Number of credit cards

Missed payments on a loan

Car loan

bank account balance

Social Security Number

Number of debit cards

Religion

Medical history

Birthday

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

True or False

Paul received a credit score of 750. This is not a good score.

True

False

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

True or False

Bryan wants to see a copy of his credit report. He can obtain a free copy of his report once a year.

True

False

Tags

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.3

CCSS.RI.8.5

4.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Media Image

Use the circle graph to tell whether the claim is correct or incorrect.

Your uncle is talking about his credit score. He believes that his many years of credit use is more important than the fact that he often makes late payments on his bills.

No. He is not correct. Payment history is more important than his years of credit history because it is a bigger piece of the circle graph.

Yes. He is correct. His years of credit history is more important than his payment history because it is a bigger piece of the circle graph.

5.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Media Image

Use the circle graph to tell whether the claim is correct or incorrect.

Marcus states that payment history and amount of money owed are the two most important factors when determining your credit score.

No. Marcus is incorrect. Payment history and amount of money owed are not the two most important factors because they are not the two biggest pieces of the circle graph.

Yes. Marcus is correct. Payment history and amount of money owed are the two most important factors because they are the two biggest pieces of the circle graph.

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