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Credit reports and FICO scores

Total questions: 38

Worksheet time: 13mins

Name
Class
Date
1.

Your Social Security number is on your credit report.

a)

True

b)

False

2.

Your medical history is on your credit report.

a)

True

b)

False

3.

Your credit score is on your credit report.

a)

True

b)

False

4.

Your lifestyle preference is on your credit report.

a)

True

b)

False

5.

Your recent credit activity is on your credit report.

a)

True

b)

False

6.

Your credit accounts and balances are on your credit report.

a)

True

b)

False

7.

Your phone number is on your credit report.

a)

True

b)

False

8.

Your household income is on your credit report.

a)

True

b)

False

9.

Your legal aliases are on your credit report.

a)

True

b)

False

10.

Your library fines are on your credit report.

a)

True

b)

False

11.

Names of those who have obtained your credit report are on your credit report.

a)

True

b)

False

12.

Debt owed through the courts is on your credit report.

a)

True

b)

False

13.

On-time rental payments are on your credit report.

a)

True

b)

False

14.

Speeding tickets are on your credit report.

a)

True

b)

False

15.

Records of student loan repayment are on your credit report.

a)

True

b)

False

16.

Your spouse's credit history is on your credit report.

a)

True

b)

False

17.

Your net worth is on your credit report.

a)

True

b)

False

18.

Debt referred for collections is on your credit report.

a)

True

b)

False

19.

Names of current and previous employers are on your credit report.

a)

True

b)

False

20.

Your ethnicity is on your credit report.

a)

True

b)

False

21.

Your credit limits are on your credit report.

a)

True

b)

False

22.

Your political and religious preferences are on your credit report.

a)

True

b)

False

23.

Your public criminal record is on your credit report.

a)

True

b)

False

24.

Parking tickets are on your credit report.

a)

True

b)

False

25.

My credit history does not affect my chances for renting my first apartment.

a)

True

b)

False

26.

Routinely paying my bills late could negatively affect my credit history.

a)

True

b)

False

27.

I need to first pay bills, such as a loan or a phone bill to establish credit history.

a)

True

b)

False

28.

The more credit cards I have, the higher my credit score will be.

a)

True

b)

False

29.

If my credit card allows me to charge up to $1000, I should charge the maximum amount to build my credit history.

a)

True

b)

False

30.

Paying the entire amount on my credit card creates bad credit history.

a)

True

b)

False

31.

A bad credit report cannot affect my chances for getting a job.

a)

True

b)

False

32.

I should review my credit report for errors.

a)

True

b)

False

33.

Late payments are retained on credit reports for 7 years.

a)

True

b)

False

34.

To build a positive credit history, I should pay cash for all purchases.

a)

True

b)

False

35.

When I apply to borrow money for a car, the loan company will most likely look at my credit history.

a)

True

b)

False

36.

Having a small amount of debt is good for my credit history.

a)

True

b)

False

37.

My landlord can report my failure to pay rent to a credit reporting agency.

a)

True

b)

False

38.

A credit report contains my personal information such as my address and social security number.

a)

True

b)

False