Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
Individual account information is removed from your credit report seven years after the last activity on the account, except for Chapter 7 bankruptcy, which stays on your credit report for:
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
You can and should obtain a free copy of your credit report annually in order to check for any suspicious activity.
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
Co-signing a loan is a good way to help a friend or relative.
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
A credit score is intended to measure:
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
Which of the following best summarizes how the use of a credit card for purchases instead of cash can change oneʹs spending behavior?
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
It is okay to use a credit card if you pay it off every month.
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
Which of the following is not a factor in determining a FICO score?
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
You must establish credit in order to buy a house.
Studies show that consumers typically spend more when using credit as opposed to cash purchases.
False
False
True
Paying cash for all purchases
False
The risk of you not repaying your debt
10 years
Check it!
Match it!
Match it!