Understanding Credit

Question 1

Which of these could you find on a credit report? Check all that apply.

Revolt · Accepted Answer

previous address; current employer; bankruptcy and a civil court case; late credit card payments

Question 2

Which should Jill do to increase her credit score?

Revolt · Accepted Answer

Pay off her credit card debt.

Question 3

How much will the item cost if Mitchell uses a credit card and only makes the minimum payment each month? $

Revolt · Accepted Answer

385.64

Question 4

Which of these could you find on a credit report? Check all that apply.

Revolt · Accepted Answer

previous address; current employer; bankruptcy and a civil court case; late credit card payments

Question 5

Which should Jill do to increase her credit score?

Revolt · Accepted Answer

Pay off her credit card debt.

Question 6

Which are examples of results of good credit? Check all that apply.

Revolt · Accepted Answer

A bank gives you the lowest interest rate for a personal loan.; You find it easy to borrow money when you need it.

Understanding Credit Answers