FICO Credit Score Quiz

FICO Credit Score Quiz

9th Grade

27 Qs

quiz-placeholder

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FICO Credit Score Quiz

FICO Credit Score Quiz

Assessment

Passage

Business

9th Grade

Practice Problem

Easy

Created by

Jason Cross

Used 1+ times

FREE Resource

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how many points has the average FICO credit score increased since 2010?

17 points

27 points

37 points

47 points

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As of 2021, what is the all-time high of the average FICO credit score?

606

716

826

936

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which credit bureau reported a noticeable increase in credit scores across all generations?

Equifax

Experian

TransUnion

FICO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum credit score often required to qualify for an apartment according to Experian?

520

620

720

820

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered the "fair credit" range for FICO's rating scales?

480 to 579

580 to 669

670 to 739

740 to 799

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of having a good credit score when renting an apartment?

Easier rental application process

Lower interest rates on loans

Standing out to potential landlords

Protection from needing to find a cosigner or paying a large security deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the FICO score range for a "good" credit score?

670 to 739

580 to 669

740 to 799

800 to 850

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