Understanding Credit Scores and Consumer Alerts

Understanding Credit Scores and Consumer Alerts

Assessment

Flashcard

Other

9th Grade

Hard

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8 questions

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1.

FLASHCARD QUESTION

Front

What is a credit score?

Back

A number that estimates how likely you are to repay a loan

2.

FLASHCARD QUESTION

Front

Which of the following is NOT a factor in determining your credit score?
The amount of debt you have,
The length of your credit history,
Your payment history,
Your favorite color

Back

Your favorite color

3.

FLASHCARD QUESTION

Front

What is the typical range for a credit score?

Back

300-850

4.

FLASHCARD QUESTION

Front

Which website is authorized by law to provide free credit reports?

Back

AnnualCreditReport.com

5.

FLASHCARD QUESTION

Front

What should you do if you receive a text offering a job you didn't apply for?

Back

Ignore it, as it is likely a scam

6.

FLASHCARD QUESTION

Front

What is a common sign of a fake shopping site?

Back

Use of stolen photos and logos

7.

FLASHCARD QUESTION

Front

What is one way to improve your credit score?

Back

Paying bills on time

8.

FLASHCARD QUESTION

Front

What is the purpose of a credit-based insurance score?

Back

To decide insurance eligibility and premiums