Credit Score Impacts Challenge
Authored by Jessica Chouinard
Financial Education
12th Grade
Used 2+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making a late payment!
Increase Credit Score
No Change to Score
Decrease Credit Score
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Apply for 3 new credit cards.
Increase Credit Score
No Change to Score
Decrease Credit Score
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buy a card entirely in cash
Increase Credit Score
No Change to Score
Decrease Credit Score
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Get a new job with a higher paycheck.
Increase Credit Score
No Change to Score
Decrease Credit Score
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Only borrow installment loans
Increase Credit Score
No Change to Score
Decrease Credit Score
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
File Chapter 7 bankruptcy.
Increase Credit Score
No Change to Score
Decrease Credit Score
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Add a mortgage to your credit mix.
Increase Credit Score
No Change to Score
Decrease Credit Score
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