Credit and Loans

Question 1

A credit report summarizes a person’s .

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credit activity

Question 2

A credit score is a measure of a person’s as a borrower.

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trustworthiness

Question 3

is a factor that contributes to a person’s credit score.

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Payment history

Question 4

It is important to reduce your debt in order to your credit.

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improve

Question 5

One reason people choose to file bankruptcy is because some of their debt will be .

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eliminated

Question 6

Personal information should be .

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kept safe and secure

Question 7

Paying down a debt as quickly as possible can help interest owed.

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reduce

Question 8

A major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .

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harm

Question 9

Michelle receives what appears to be an e-mail from her bank asking for her account and pin numbers. She should .

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delete the e-mail

Question 10

Checking your credit report can help you .

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monitor your information

Credit and Loans Answers