How long does a negative credit action usually remain on a credit report?
Your Credit History

Quiz
•
Professional Development
•
9th - 12th Grade
•
Medium
Nicholas Arbini
Used 13+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4 years
11 years
7 years
15 years
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is included in the credit history section of a credit report?
Description of your purchases
Late payments
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Late payments can help create a high credit score.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which information would NOT appear on your credit report?
Credit Card balance
Car loan
Mortgage
Debit Card balance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is important for establishing good credit?
Making payments on time
Being late on payments
Spending 100% of your credit limit
Missing a payment
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When may a person view his/her credit report for free?
At any time and an unlimited number of times
Once a year, from each of the three main credit reporting agencies
A person may not review his/her credit report
When a person has sufficient financial resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Late payments stay on a credit report for...
2 years
7 years
10 years
Never appear on a credit report
Always on your credit report
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