WorksheetsCh4 L3
Total questions: 9
Worksheet time: 9mins
These inquiries represent LARGE credit lines, and it is required that you sign off on them in order for them to happen.
Hard Inquiry
Soft Inquiry
Personal Inquiry
Data Inquiry
Identify ALL of the things below that can be found on your credit report.
Bankruptcies
Soft Inquiries
Payment History
Credit History
Your credit score is (a) debt payment history, and (b) Length of Debt History
A credit score is created using your...
Debt
Income
Employment History
Tax Bracket
Match the percentages to their correct category when looking at your FICO score.
Debt History
35%
Debt Level
30%
Length of Debt History
15%
Debt Type and New Debt
10%
A "good" credit score would range from (a) to (b) .
True or False: A new home loan will negatively impact your score at first.
True
False
In order to increase your credit score, you first have to (a) your levels of debt.
Identify ALL of the items below that would be considered "red flags" on your credit report.
Hard Inquiries
Soft Inquiries
Bankruptcies
Accounts Sent to Collections
