Credit Scores

Front

The more credit cards you have, the better.

Back

False

Front

A low credit score indicates that the person is financially responsible.

Back

False

Front

A high credit score heightens the persons chances of getting a loan.

Back

True

Front

Which of the following intervals exemplifies excellent credit scores? 300-549, 550-649, 700-749, 750-850

Back

750-850

Front

Are Gloria's credit habits going to help her get a high score?

Back

No

Front

Your credit score determines how successful you will be in obtaining a loan

Back

True

Front

What is the most important factor of a credit score?

Back

Payment History

Front

Which of the following may request your credit report? Insurance companies, Banks, Your landlord, Al of the above

Back

Al of the above

Front

Which of the following probably has the highest credit score? Assume that all of them have made regular monthly payments on time: An 18 year old college freshman, A 20 year old waitress with two active credit cards, A 40 year old business owner with two cars, a house, and four active credit cards, A 50 year old with five credit cards who rents his house.

Back

A 40 year old business owner with two cars, a house, and four active credit cards

Front

You can help getting approved for a loan by using a Co-Signer.

Back

Co-Signer