Personal Finance: Credit Reports and Scores

Front

A record of the borrower’s past loan and credit‐related transactions.

Back

Credit History

Front

Maintaining a reasonable amount of unused credit will create

Back

Positive credit

Front

Routinely paying bills late will create

Back

Negative Credit

Front

Numerous credit applications in a short period of time will create

Back

Negative Credit

Front

Checking credit reports annually to search for mistakes will create

Back

Positive credit

Front

Having many of the same types of credit accounts will create

Back

Negative Credit

Front

Which of the following is NOT on a credit report? Late medical payments, Repayment history, Public Records

Back

Buying habits

Front

A negative credit report may impact an individual’s ability to receive all of the following EXCEPT? Insurance, Apartment, Loan, A traffic ticket

Back

A traffic ticket

Front

How long will Inquiries remain on your credit report?

Back

Two years

Front

How long will late or missed payments remain on your credit report?

Back

Seven Years