Supreme Court Decision Bigger Than a Fed Rate Hike: VantageScore CEO

Supreme Court Decision Bigger Than a Fed Rate Hike: VantageScore CEO

Assessment

Interactive Video

Business

University

Hard

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The video discusses a significant Supreme Court decision on a $30 billion deal, which has a greater impact than a Federal Reserve interest rate hike. This decision affects consumers by adding an extra monthly bill and potentially lowering their credit scores. The national average credit score of 702 could drop by up to nine points, highlighting the decision's substantial impact.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monetary value of the deal that the Supreme Court made a decision on?

20 billion dollars

50 billion dollars

30 billion dollars

40 billion dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Supreme Court's decision compare to a Federal Reserve interest rate hike?

It is less impactful

It is equally impactful

It is more impactful

It has no impact

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the direct consequences for consumers due to the Supreme Court's decision?

Higher wages

Additional monthly bills

Increased savings

Lower taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current national average credit score mentioned in the analysis?

702

650

720

680

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how many points could the national average credit score decline due to the decision?

5 points

11 points

9 points

7 points