Credit Reports
Assessment
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Ana Corkill
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Mathematics
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6th Grade
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683 plays
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Medium
Student preview
10 questions
Show answers
1.
Multiple Choice
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
How long will a negative credit action usually remain on a credit report?
4 years
11 years
7 years
15 years
3.
Multiple Choice
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
What is included under credit history on a credit report?
Date of birth
Late payments
5.
Multiple Choice
Late payments can help create a high credit score
True
False
6.
Multiple Choice
Who would be more likely to get a car loan?
Dave with a credit score 560
Julie with a credit score 780
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