Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is a credit score?
What is a credit score?
- A number that indicates how much interest you will have to pay on your loans and credit cards.
- A three-digit number calculated by credit bureaus that determines your creditworthiness. (correct)
- A number that shows how much money you owe on your loans and credit cards.
- A number that represents the total amount of credit you have available.
What is the range of credit scores?
What is the range of credit scores?
- 0-100
- 300-850 (correct)
- 500-1000
- 1000-1500
What percentage of a credit score is based on payment history?
What percentage of a credit score is based on payment history?
- 30%
- 10%
- 35% (correct)
- 15%
What percentage of a credit score is based on payment history?
What percentage of a credit score is based on payment history?
Signup and view all the answers
What is the range of credit scores?
What is the range of credit scores?
Signup and view all the answers
What is the least important factor in calculating a credit score?
What is the least important factor in calculating a credit score?
Signup and view all the answers
