Credit Cards and Credit Reports

Credit Cards and Credit Reports

9th Grade

20 Qs

quiz-placeholder

Similar activities

comparisons

comparisons

KG - University

20 Qs

In Context

In Context

5th - 9th Grade

20 Qs

Wish & Hope Quiz

Wish & Hope Quiz

7th - 9th Grade

15 Qs

Exercise Chapter I

Exercise Chapter I

3rd Grade - University

15 Qs

MUN Diplomatic Language

MUN Diplomatic Language

7th - 12th Grade

16 Qs

Literature Quiz 1

Literature Quiz 1

9th - 10th Grade

15 Qs

Epic Of Gilgamesh Quiz

Epic Of Gilgamesh Quiz

9th - 10th Grade

18 Qs

Lit Fun

Lit Fun

9th Grade

20 Qs

Credit Cards and Credit Reports

Credit Cards and Credit Reports

Assessment

Quiz

English

9th Grade

Practice Problem

Hard

Created by

Patrick Flaherty

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term 'credit' primarily refer to?

A method of saving money

A type of bank account

A form of currency

An agreement to pay back something received now

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit report?

A record of a person's credit history

A list of all bank accounts

A summary of monthly expenses

A report on a person's income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the '3 Cs of credit'?

Capacity

Character

Collateral

Credit Score

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered a very good credit score?

770

640

850

300

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is the most important in calculating a credit score?

Payment history

Length of credit history

Amount of debt

Mix of credit types

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of credit bureaus?

To provide financial advice

To issue loans

To manage bank accounts

To collect information on consumers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step to building good credit?

Opening banking accounts

Paying bills late

Borrowing as much as possible

Requesting multiple credit cards

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?