
2022 Credit Scores and Credit Reports
Flashcard
•
Life Skills
•
11th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

30 questions
Show all answers
1.
FLASHCARD QUESTION
Front
When may a person view his/her credit report for free?
Back
Once a year, from each of the three main credit reporting agencies
2.
FLASHCARD QUESTION
Front
Which is not included in an individual’s credit report? Options: Current and past addresses , Account balances , Bankruptcies and foreclosures , Medical information
Back
Medical information
3.
FLASHCARD QUESTION
Front
Jake’s credit application has been declined because of his negative credit history. Which is most likely to be true?
Back
Jake has applied for 4 credit cards and a car loan in the past 6 weeks.
4.
FLASHCARD QUESTION
Front
The 3 credit bureaus that determine your FICO score are: Equifax, Transunion, and Experian, Transamerican, Equality, Experience, Transparcel, Equin, Faxqui, Crederian, Equiunion, Experfax
Back
Equifax, Transunion, and Experian
5.
FLASHCARD QUESTION
Front
How can you improve your credit score? Options: Make payments on time, Reduce overall debt, Limit your applications, All of the above
Back
All of the above
6.
FLASHCARD QUESTION
Front
When financing a car, which credit score will warrant the best rate? Options: 850, 950, 300, 250
Back
850
7.
FLASHCARD QUESTION
Front
What is credit?
Back
Borrowed money
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