WorksheetsUnderstanding Credit Scores and Agencies
Total questions: 7
Worksheet time: 6mins
Name
Class
Date
1.
What are the 3 credit agencies
a)
Experience, Equality and Transparency
b)
Expiring, Extending, and Transporting
c)
What are credit agencies?
d)
Experian, Equifax, and Transunion
2.
What is an excellent credit score?
a)
680
b)
700
c)
780
d)
1000
3.
What is the most important factor in your credit score?
a)
Payment history
b)
Amount of credit you owe
c)
Length of credit history
d)
Types of credit you owe
4.
What is an example of a good credit score?
a)
300
b)
600
c)
750
d)
800
5.
Why is it important to have a good credit score?
4 lines
6.
What is credit history?
a)
A meticulous record of history
b)
What credit you have used and how you have repaid it
c)
How your credit has changed
7.
What is a credit report?
a)
The documentation of your credit history
b)
A report on credit
c)
A list of what you owe right now
d)
A list only closed accounts
100 %
