NGPF Credit

How would this transaction impact your checking account?

• Credit your account

• Debit your account

• No change to your account

How would this transaction impact your checking account?

(With funds from your checking account)

• Credit your account

• Debit your account

• No change to your account

What does NGPF stand for in the context of credit education?

• Next Generation Personal Finance

• National Government Personal Finance

• New Global Personal Finance

• National Growth Personal Finance

Which of the following is a key component of a credit score?

• Age

• Income

• Payment History

• Education Level

What is the primary purpose of a credit report?

• To track spending habits

• To provide a summary of credit history

• To calculate net worth

• To list all bank accounts

Which of the following is NOT a major credit bureau?

• Equifax

• TransUnion

• Experian

• Credit Karma

What is considered a good credit score range?

• 300-499

• 500-599

• 600-699

• 700-850

How often can you request a free credit report from each major credit bureau?

• Once a month

• Once a year

• Twice a year

• Every two years

What is the impact of a hard inquiry on your credit score?

• No impact

• Slight decrease

• Significant increase

• Significant decrease

Which of the following actions can help improve your credit score?

• Maxing out credit cards

• Paying bills on time

• Closing old credit accounts

• Ignoring credit card statements