Credit Score Questions and Answers

Credit Score Questions and Answers

University

10 Qs

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Credit Score Questions and Answers

Credit Score Questions and Answers

Assessment

Quiz

English

University

Practice Problem

Easy

Created by

Junko Tan

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does James want?

A new house

A bigger apartment

A new car

A pet giraffe

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a credit score used for?

To determine how much money you make

To check how good you are at paying bills

To measure your height

To judge how much chocolate you eat

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the best way to keep a good credit score?

Always pay bills late

Never use credit cards

Pay bills on time and keep debt low

Buy things you don’t need

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the credit score range?

100-1000

375-900

0-100

50-500

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What percentage of a person’s credit score is based on payment history and debt?

10%

20%

65%

99%

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How can James improve his credit score?

Spend more money

Always pay at least the minimum payment

Open a new credit card every month

Don’t ever check his credit score

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What happens if you have too many credit card accounts?

You become rich quickly

It can lower your credit score

It makes you a better risk for loans

It doesn’t affect your credit score

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