Credit Reports

Quiz
•
Mathematics
•
6th Grade
•
Medium
+8
Standards-aligned

Ana Corkill
Used 705+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to establish positive credit history?
Higher credit scores result in lower interest rates on loans
You are more likely to be offered a loan by a bank
Positive credit history results in higher credit scores
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long will a negative credit action usually remain on a credit report?
4 years
11 years
7 years
15 years
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is important in establishing good credit?
Making payments on time
Being late on payments
Spending 100% of your credit limit
Missing a payment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is included under credit history on a credit report?
Date of birth
Late payments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Late payments can help create a high credit score
True
False
Tags
CCSS.6.NS.C.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who would be more likely to get a car loan?
Dave with a credit score 560
Julie with a credit score 780
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person, or a financial institution that lends money, and in return charges interest?
Borrower
Lender
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