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WorksheetsCredit Scores
Total questions: 20
Worksheet time: 17mins
Applying for a credit card only affects your credit score if you use the card.
False
True
Paying less than the minimum payment on your credit card bill doesn’t count as a missed payment.
True
False
A high credit card limit can be a bad thing.
True
False
You must carry a balance on your credit cards to build a credit history.
False
True
The more credit cards you have, the better.
True
False
Payment history accounts for around _______ of your credit score.
1/2
3/4
35%
90%
Which of these show your credit history?
Credit score
Credit report
Both
What type of credit score is this 570?
Average
Great
Poor
Excellent
Which is an exceptional credit score?
672
555
713
813
Which of the following probably has the highest credit score? Assume that all of them have made regular monthly payments on time.
An 18 year old college freshman
A 20 year old waitress with two active credit cards
A 40 year old business owner with two cars, a house, and four active credit cards
A 50 year old with five credit cards who rents his house.
What makes a person a good cosigner?
A high credit score
A steady income
The ability to pay for your loan if you can’t
All of the above
