10 Questions
If your credit score is below 600, what type of credit risk are you considered by lenders?
High risk
Based on the text, what are three ways you can boost your credit score?
Pay your bills on time
What are four benefits of having good credit?
Reduced deposits for utilities
If your credit score is above 700, what type of credit risk are you considered by lenders according to the text?
Low risk
To raise your credit score by 50 points, what action could you take according to the text?
Pay down credit balance
To raise your credit score by 80 points, what action could you take according to the text?
Pay off accounts
What actions would you need to take to raise your credit score by 260 points?
Pay all overdue payments
What is the general range for credit scores?
300-850
What is one benefit of good credit?
Faster credit approvals
What should you do if you have missed payments?
Get current and stay current
Test your knowledge about credit scores and learn how they can impact your financial future. Discover the range of credit scores, the benefits of a good credit score, and how it can help you save money and gain access to better financial opportunities. Take the quiz now and become a credit score expert!
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