Credit Scores

Flashcard
•
Other, Education, Life Skills
•
7th - 12th Grade
•
Hard
Quizizz Content
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20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Applying for a credit card only affects your credit score if you use the card.
Back
False
2.
FLASHCARD QUESTION
Front
Paying less than the minimum payment on your credit card bill doesn’t count as a missed payment.
Back
False
3.
FLASHCARD QUESTION
Front
A high credit card limit can be a bad thing.
Back
False
4.
FLASHCARD QUESTION
Front
You must carry a balance on your credit cards to build a credit history.
Back
False
5.
FLASHCARD QUESTION
Front
The more credit cards you have, the better.
Back
False
6.
FLASHCARD QUESTION
Front
Payment history accounts for around _______ of your credit score.
Back
35%.
7.
FLASHCARD QUESTION
Front
Which of these show your credit history? Credit score, Credit report, Both
Back
Credit report
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