Credit Reports 12_4

Flashcard
•
Financial Education
•
12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

30 questions
Show all answers
1.
FLASHCARD QUESTION
Front
My credit history does not affect my chances for renting my first apartment. Is this statement True or False?
Back
True
2.
FLASHCARD QUESTION
Front
Routinely paying my bills late could negatively affect my credit history. Is this statement True or False?
Back
True
3.
FLASHCARD QUESTION
Front
To build a positive credit history, I should pay cash for all purchases. Is this statement True or False?
Back
False
4.
FLASHCARD QUESTION
Front
When I apply to borrow money for a car, the loan company will most likely look at my credit history. Is this statement True or False?
Back
True
5.
FLASHCARD QUESTION
Front
I need to first pay bills, such as a loan or a phone bill to establish credit history. Is this statement True or False?
Back
True
6.
FLASHCARD QUESTION
Front
The more credit cards I have the higher my credit score will be. Is this statement True or False?
Back
False
7.
FLASHCARD QUESTION
Front
Having a small amount of debt is good for my credit history. Is this statement True or False?
Back
True
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