What’s an example of bad credit? Mark only one oval.
Credit Knowledge Quiz

Quiz
•
History
•
11th Grade
•
Medium
Kaylib Holley
Used 5+ times
FREE Resource
23 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mortgage
Car loan
Vacation
Student loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you raise your interest rate with credit? Mark only one oval.
Apply for a lot of credit cards
Overspend of the amount you actually have
Never pay on time for your credit cards
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit report? Mark only one oval.
A summary of how credit worthy you have been
The amount of money in your bank account
The money in your savings account
A report that shows all of your gift cards purchased, as well as your past paychecks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the score of a perfect credit score? Mark only one oval.
1,000
720
850
950
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you prevent credit card debt from becoming too much? Mark only one oval.
Ask politely
Pay the debt each month in full
Pay the minimum
Don't have any debt at all, stay away from debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should you get a credit card? Mark only one oval.
When you are 25
As soon as possible
When you are about to retire
NEVER, Credit Cards are bad
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
About how long does a Typical Mortgage Loan last? Mark only one oval.
10 Years
30-40 Years
5-7 Years
2 Years
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