What do credit scores help lenders determine?

• The likelihood that they’ll get paid back

• The interest rate on a loan

• The amount of money to lend

• The borrower's employment history

What is the modern system of credit scoring known as?

• FICO score

• Credit Karma

• Equifax rating

• TransUnion score

Who founded the company that originated the modern credit scoring system?

• Bill Fair and Earl Isaac

• John Doe and Jane Smith

• Mark Twain and Charles Dickens

• Albert Einstein and Isaac Newton

What is a potential conflict of interest mentioned in Finance for the People regarding credit scores?

• Credit scores are used to help individuals manage debt.

• Credit scores are controlled by the individuals themselves.

• Credit scores create a conflict of interest for agencies that regulate them.

• Credit scores are irrelevant to financial institutions.

According to Finance for the People, what is one way credit scores can negatively impact people in poverty?

• They make it easier for people in poverty to access loans.

• They have no impact on people in poverty.

• They penalize people in poverty for needing credit.

• They provide financial benefits to people in poverty.

What does Finance for the People suggest about the role of credit scores in economic and racial inequities?

• Credit scores have no impact on economic and racial inequities.

• Credit scores help eliminate economic and racial inequities.

• Credit scores highlight existing economic and racial inequities.

• Credit scores are irrelevant to economic and racial inequities.

What is the suggested approach to dealing with the credit scoring system according to Finance for the People?

• Ignore the credit scoring system entirely.

• Understand and critique the system to address systemic issues.

• Accept the system as it is without question.

• Focus solely on improving personal credit scores.

What is Finance for the People advice regarding obsession with credit scores?

• Obsessing over credit scores is essential for financial success.

• Credit scores should be the only focus in financial planning.

• Avoid getting too obsessed with credit scores as they are just a tool.

• Credit scores are the most important aspect of personal finance.

What is the primary purpose of learning to play the credit game?

• To improve your gaming skills

• To enhance your financial literacy

• To impact your ability to rent an apartment or house

• To increase your social media presence

What is a credit report?

• A list of your monthly expenses

• A history of most instances you used credit or borrowed money

• A summary of your bank account balance

• A report card from school