
Understanding Credit Scores and Management
Interactive Video
•
Business, Life Skills
•
9th - 12th Grade
•
Hard
Lucas Foster
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What prompted the speaker to start learning about credit?
She wanted to buy a house.
She was denied a student loan.
She was offered a high-interest car loan.
She wanted to start a business.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT one of the three main credit bureaus?
Experian
Equifax
TransUnion
Credit Karma
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of your credit score is determined by your payment history?
40%
35%
25%
30%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the recommended number of credit cards to have for building a healthy credit profile?
One
Two
Three
Four
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to add your child as an authorized user on your credit card?
To help them get a job
To establish their credit history early
To increase their allowance
To teach them financial responsibility
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the worst type of dispute you can make when challenging accounts on your credit report?
Asking for proof of ownership
Requesting an investigation
Claiming the account is not yours
Challenging the validity of the account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long does a late payment stay on your credit report?
3 years
7 years
5 years
10 years
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