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Financial Literacy - Credit Report and Credit Score test Flashcards | StudBud
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Financial Literacy - Credit Report and Credit Score test
Financial Literacy - Credit Report and Credit Score test
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Financial Literacy Test - Credit report and Credit Score
Flashcards
9 cards
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Practice quiz
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Questions
9
Answers
1
People with Higher credit scores presents MORE of a RISK.
True
False
2
Credit scores can range from 10 - 99.
False
True
3
A credit report contains your credit history.
True
False
4
What is listed on your credit report?
Identifying information
Applications for new credit and other inquires.
Your Credit score.
Debts and Bills you pay
All of the above
5
Your Credit history can affect your access to credit, loans, jobs, housing, insurance and other important services.
True
False
6
Credit scores predict how likely you are to pay your bills and debts as agreed.
True
False
7
What is a credit Score?
Credit Scores are numbers you get after doing community service.
Credit scores are numbers you get randomly. You have no control over it.
Credit Scores are numbers given to you at birth.
Credit scores are numbers based on information on your credit reports
8
Who may use a credit report or a credit score?
Employers, state agencies or affiliated organizations.
Financial institutions, Landlords and utility companies.
Cell phone companies and insurance companies.
All of the answers listed are correct.
9
Credit scores can range from 300 - 850.
True
False
