Unit 2 Quest

Which of the following is NOT a credit bureau?

• Transunion
• FICO
• Equifax
• Experian

Information from your credit report can come from all of the following places except...

• Your employer
• Medical providers
• Banks
• Credit Card companies

Using debit cards can improve your credit score

• TRUE
• FALSE

"How reliable is your income?" is an example of a question that relates to your credit...

• Character
• Capacity
• Collateral
• Charcoal

"Do you have a savings account?" is an example of a question that relates to your credit...

• Character
• Capacity
• Collateral
• Calligraphy

"Do you pay your bills on time?" is an example of a question that relates to your credit...

• Character
• Collateral
• Capacity
• Cell phone

The higher the credit score the less likely a person is to be delinquent on a loan payment.

• True
• False

Everyone is entitled to a free credit report each year as long as they have credit.

• TRUE
• FALSE

John has a credit score of 560. He will probably qualify for LOW interest rates when taking out a loan.

• TRUE
• FALSE

Which of the following factors influences credit scores?

• Race
• Income
• Educational level
• Number of credit inquiries