Which response best completes the sentence "It's best to begin establishing credit when you're young because ________" ?
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seesaw
Swap points!
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gold
Win 50 points!
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shark
Other team loses 20 points!
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banana
Go to last place!
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15
All of the following would show up on a credit report EXCEPT...
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15
What are the two most important factors in calculating your credit score?
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15
You find an error on your credit report: Your credit card account indicates that you are 60 days late on your payment but you have bank records indicating that you have always made on-time payments. What should you do FIRST?
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15
Heather realized she has taken out too much debt and it has started to negatively impact her ability to budget. She has decided to pay off this debt in full as soon as possible. All of the following would be beneficial strategies EXCEPTโฆ
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heart
Other team wins 20 points!
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gift
Win 5 points!
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rocket
Go to first place!
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lifesaver
Give 10 points!
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15
What strategy should you use to pay off multiple sources of debt if you want to pay the lowest amount of interest over time?
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15
Which of the following methods of getting your credit score would involve paying a fee?
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trap
No points!
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rocket
Go to first place!
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rocket
Go to first place!
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banana
Go to last place!
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15
It may be more difficult for young people to borrow because they have less payment history for a lender to rely upon
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15
How can your credit score impact your financial well-being?
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15
You have a credit card that you use regularly for small purchases with the goal of improving your credit score. Which strategy would have the GREATEST positive impact?
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15
Which of the following individuals or groups would be the LEAST likely to look at your credit score?
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15
What benefits do you receive by taking out a loan with a cosigner?
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15
The amount you can charge to a secured credit card is limited byโฆ