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True or False: A FICO score is only based upon credit use.
True
opportunity to build credit
True
credit history
payment history
interest
True
False
Which is NOT a reward/advantage of using credit?
True
opportunity to build credit
True
credit history
payment history
interest
True
False
True or False: A high percentage of outstanding debt will negatively impact a credit score.
True
opportunity to build credit
True
credit history
payment history
interest
True
False
Which of the following makes up 35% of your credit score?
True
opportunity to build credit
True
credit history
payment history
interest
True
False
True or False: Opening too many types of accounts in a short period of time has a negative impact on a credit score.
True
opportunity to build credit
True
credit history
payment history
interest
True
False
True or False: Late or missed payments will positively impact a credit score.
True
opportunity to build credit
True
credit history
payment history
interest
True
False
Which is NOT a risk/disadvantage of using credit?
True
opportunity to build credit
True
credit history
payment history
interest
True
False
Which of the following makes up 15% of your credit score?
True
opportunity to build credit
True
credit history
payment history
interest
True
False
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