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Which is NOT a reward/advantage of using credit?
True
False
False
credit history
opportunity to build credit
payment history
interest
True
True or False: Late or missed payments will positively impact a credit score.
True
False
False
credit history
opportunity to build credit
payment history
interest
True
True or False: A variety of credit is generally good to have.
True
False
False
credit history
opportunity to build credit
payment history
interest
True
Which of the following makes up 15% of your credit score?
True
False
False
credit history
opportunity to build credit
payment history
interest
True
Which is NOT a risk/disadvantage of using credit?
True
False
False
credit history
opportunity to build credit
payment history
interest
True
True or False: A shorter credit history will generally increase a credit score.
True
False
False
credit history
opportunity to build credit
payment history
interest
True
True or False: A high percentage of outstanding debt will negatively impact a credit score.
True
False
False
credit history
opportunity to build credit
payment history
interest
True
Which of the following makes up 35% of your credit score?
True
False
False
credit history
opportunity to build credit
payment history
interest
True
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