Understanding Credit Scores and Fees

Match the fee below to the correct description.

• You didn't pay your credit on time.

• Annual Fee

• You spent more than your credit limit.

• Returned Payment Fee

• A fee for withdrawing cash.

• Late Payment Fee

• Your purchase was cancelled.

• Cash Advance Fee

• Paid once a year for having the card.

• Over-Limit Fee

Which is the best credit score?

• 250

• 450

• 700

• 850

Which is the worst credit score?

• 250

• 450

• 700

• 850

True or False: All credit cards come with annual fees.

• True

• False

Experian, TransUnion, and Equifax are all examples of...

• Identity Theft Servicers

• Banks

• Credit Cards

• Credit Bureaus

Organize these items based on which ones do and DO NOT impact your credit score.

Groups:

(a) Does Impact

,

(b) Doesn't Impact

• Credit History

• Education

• Income

• Credit Amounts Owed

• Tax Bracket

• Payment History

• New Credit Accounts

All of the following can be found on your Credit Report EXCEPT: [Select 1]

• Current Accounts

• Collections

• Income

• Address

• Bankruptcies