WorksheetsCW 7.1 Credit Report
Total questions: 12
Worksheet time: 6mins
This is the credit report for how many people?
1
2
3
4
How long of a mortgage did Lillie take out?
40 months
5 years
30 years
360 years
Which statement about Lillie's mortgage is FALSE?
She currently owes $360,595
She started paying this mortgage in November 2012
She makes more than the monthly minimum payment
She is on-time with all of her payments
What accounts does Lillie T. Lane have open at this time?
One mortgage
One mortgage and one credit card
One mortgage and two credit cards
One mortgage, two credit cards, and one bank account
What is the credit limit on Lillie’s First USA Bank credit card?
$1,684
$2,695
$5,500
$8,850
What was the highest balance Lillie had on her credit card?
$1,684
$2,695
$5,500
$8,850
Which statement is true about Lillie’s past due account(s)?
She’s 30 days overdue, by $50, on 1 account AND she’s 60 days overdue, by $50, on a second account
She’s 30 days overdue, by $50, on 1 account
She’s 60 days overdue, by $50, on 1 account
She’s 90 days overdue, by $50, on 1 account
How many months did Lillie make on-time payments for her line of credit at Astoria Federal Savings?
29
39
40
You cannot tell from this credit report.
According to this credit report, how many accounts has Lillie had sent to collections?
0
1
2
3
When did Lillie allow an external company access to her credit report specifically for an auto loan?
5/10/2015
6/5/2015
12/15/2016
5/10/2017
I forget to pay my credit card bill one month. How long will that payment information show up on my credit report?
Once I make the payment, it will disappear
One year
Seven Years
Ten Years
Identify the three credit reporting agencies? (All must be correct)
TransUnion
Equifax
CarFax
Experian
American Express
