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11.3 Assignment

Authored by WHITNEY DANIELLE HORNE

Mathematics

6th Grade

CCSS covered

Used 1+ times

11.3 Assignment
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How long does a missed payment on a mortgage usually stay on a consumer’s credit report?

2 years

12 years

7 years

5 years

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these describes information that is found in a person’s credit report?

The year and make of the car that the person owns.

The person’s monthly credit card statements.

The amount of a car loan in the person’s name.

The person’s medical history.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these situations describes a situation when a person’s credit report is most likely to be used?

A car dealer is determining whether to give a loan to a customer wanting to buy a car.

A gym is determining whether to give a customer membership.

A university is determining whether to accept a student application.

An appliance store is determining whether to sell a washing machine to a customer paying in cash.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Susan declared bankruptcy. How long will this remain on her credit report?

30 years

2 to 3 years

7 to 10 years

It will never be included

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statements about a credit report is NOT true?

A credit report allows a lender to check a borrower’s track record for repaying debt.

A credit report allows a lender to see the total amount of debt a borrower has.

A credit report allows a borrower to become aware of any unauthorized credit card accounts opened in his or her full name.

A credit report allows a borrower to see a list of all his or her savings and checking accounts.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Kamala wants to improve her credit score. What can she do to improve her score?

Not reach the credit line on her credit card.

Miss payments on a loan from the bank.

Not review and monitor her credit score.

Buy a new car with high payments.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which list contains information that is provided on a credit report?

Number of on-time payments, number of early payments, number of late payments.

Current annual income, income from previous job, income from first job.

Number of traffic tickets received, claims made to insurance companies.

Number of traffic tickets received, claims made to insurance companies.

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