Credit Score Impacts Challenge

Credit Score Impacts Challenge

Assessment

Flashcard

Created by

Quizizz Content

Financial Education

12th Grade

Hard

Student preview

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25 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Making a late payment!

Back

Decrease Credit Score

2.

FLASHCARD QUESTION

Front

Apply for 3 new credit cards.

Back

Decrease Credit Score

3.

FLASHCARD QUESTION

Front

Buy a card entirely in cash

Back

No Change to Score

4.

FLASHCARD QUESTION

Front

Get a new job with a higher paycheck.

Back

No Change to Score

5.

FLASHCARD QUESTION

Front

Only borrow installment loans

Back

Decrease Credit Score

6.

FLASHCARD QUESTION

Front

File Chapter 7 bankruptcy.

Back

Decrease Credit Score

7.

FLASHCARD QUESTION

Front

Add a mortgage to your credit mix.

Back

Increase Credit Score

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