Credit Score & Credit Reports

The maximum dollar amount that can be borrowed

• Credit Limit

• Credit Minimum

• Borrowing

• Borrow Limit

How long will a negative credit action usually remain on a credit report?

• 4 years

• 11 years

• 7 years

• 15 years

Which information would NOT appear on your credit report?

• Credit Card balance

• Car loan

• Mortgage

• Debit Card balance

How long will Inquiries remain on your credit report?

• Never on a credit report

• Two years

• Seven Years

• Ten years

When may a person view his/her credit report for free?

• At any time and an unlimited number of times

• Once a year, from each of the three main credit reporting agencies

• A person may not review his/her credit report

• When a person has sufficient financial resources

Which is an exceptional credit score?

• 672

• 555

• 713

• 813

Tags

CCSS.7.NS.A.2C

The credit score ranges form 

• 300-800
• 250-950
• 350-900
• 300-850

Tags

CCSS.4.OA.B.4

Match the credit score percentage to the right category

• Credit History Length

• 35%

• New Credit & Credit Mix

• 15%

• Credit Utilization

• 30%

• Payment History

• 10%

Tags

CCSS.3.NF.A.1

CCSS.3.NF.A.2B

What type of credit score is this 570?

• Average

• Great

• Poor

• Excellent

Numerous credit applications in a short period of time.

• Positive Impact
• Negative Impact