How many credit reports can you get free from each bureau each year?(1 point)
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you need a number as the answer
11 answers
One
Question
Identify an action that will positively affect a credit history.(1 point)
Responses
Apply for additional credit cards.
Apply for additional credit cards.
Pay off a loan.
Pay off a loan.
Have the maximum allowed credit card balances.
Have the maximum allowed credit card balances.
Make payments after the due date.
Identify an action that will positively affect a credit history.(1 point)
Responses
Apply for additional credit cards.
Apply for additional credit cards.
Pay off a loan.
Pay off a loan.
Have the maximum allowed credit card balances.
Have the maximum allowed credit card balances.
Make payments after the due date.
Pay off a loan.
Which credit score would be considered outstanding credit?(1 point)
Responses
730
730
420
420
820
820
550
Responses
730
730
420
420
820
820
550
820
Explain the effect of credit history on the terms of a loan.(1 point)
Responses
A negative credit history will mean a lower interest rate.
A negative credit history will mean a lower interest rate.
More information is needed.
More information is needed.
A positive credit history will mean a lower interest rate.
A positive credit history will mean a lower interest rate.
A positive credit history will mean a higher interest rate.
Responses
A negative credit history will mean a lower interest rate.
A negative credit history will mean a lower interest rate.
More information is needed.
More information is needed.
A positive credit history will mean a lower interest rate.
A positive credit history will mean a lower interest rate.
A positive credit history will mean a higher interest rate.
A positive credit history will mean a lower interest rate.
Why would an employer look at your credit history?(1 point)
Responses
Your credit history shows how financially responsible you are.
Your credit history shows how financially responsible you are.
Your credit history will tell them if you will be a good employee.
Your credit history will tell them if you will be a good employee.
A poor credit history shows them that you need the job.
A poor credit history shows them that you need the job.
An employer is not allowed to look at your credit history as part of the hiring process.
An employer is not allowed to look at your credit history as part of the hiring process.
Responses
Your credit history shows how financially responsible you are.
Your credit history shows how financially responsible you are.
Your credit history will tell them if you will be a good employee.
Your credit history will tell them if you will be a good employee.
A poor credit history shows them that you need the job.
A poor credit history shows them that you need the job.
An employer is not allowed to look at your credit history as part of the hiring process.
An employer is not allowed to look at your credit history as part of the hiring process.
Your credit history shows how financially responsible you are.
How can a positive credit history help you long term?(1 point)
Responses
You will need a co-signer to borrow money.
You will need a co-signer to borrow money.
Companies will charge you more interest on loans because you can afford it.
Companies will charge you more interest on loans because you can afford it.
You will pay more for car insurance.
You will pay more for car insurance.
You will save money on loans, credit cards, and other bills.
Responses
You will need a co-signer to borrow money.
You will need a co-signer to borrow money.
Companies will charge you more interest on loans because you can afford it.
Companies will charge you more interest on loans because you can afford it.
You will pay more for car insurance.
You will pay more for car insurance.
You will save money on loans, credit cards, and other bills.
You will save money on loans, credit cards, and other bills.
11 answers