Edit Game
Credit Report and Credit Score
 Delete

Use commas to add multiple tags

 Private  Unlisted  Public



 Save

Delimiter between question and answer:

Tips:

  • No column headers.
  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.

 Import questions





 Save   15  Close
What does "to owe" mean?
It means to give money back that you borrowed.
What is a lender?
A lender is the person or bank that is giving you money.
What is the difference between credit cards and loans?
Credit cards you can use to many different things. A loan is only for 1 thing.
List 3 ways you can borrow?
loans, credit cards and, mortgage
What is interest?
It is an extra fee that you pay every month when you borrow.
Is my credit limit the most I can borrow?
Yes, this is the most the bank will let you borrow.
Why is my payment history important?
It tells the bank I can make my payments all the time.
When is your employment history?
These are jobs that I had in the past.
What is another name for a financial institution?
a bank
Is my current job was one I had in the past.
No, your current job is the one you are working at right now.
Can you payback money you borrow 1 or 2 months late?
No, the bank will report late payments on your credit score.
What is in your credit report?
It shows your personal information and credit history.
Do you have to pay interest on loans.
Yes, you pay interest every month on a loan.
Why is a credit score important?
It shows if you are can pay your loans and credit cards every month.
What do banks see in your credit history?
payment history and borrowing accounts
Your experience on this site will be improved by allowing cookies.