Credit Flashcard

Flashcard
•
Professional Development
•
12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview

26 questions
Show all answers
1.
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
2.
FLASHCARD QUESTION
Front
The 3 credit bureaus that determine your FICO score are:
Back
Equifax, Transunion, and Experian
3.
FLASHCARD QUESTION
Front
What is a credit score?
Back
A three-digit numerical rating that reflects how likely you are to repay your debt.
4.
FLASHCARD QUESTION
Front
Your Credit Score could effect whether or not you can rent an apartment?
Back
True
5.
FLASHCARD QUESTION
Front
A good way to build credit is to open as many credit cards as you can?
Back
False
6.
FLASHCARD QUESTION
Front
What is the single best thing you can do to help build a good credit score and keep it once you have it?
Back
Pay my bills on time
7.
FLASHCARD QUESTION
Front
Race and gender are factors in a credit score.
Back
Myth
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