Math
Quiz
QUESTION 1 of 5:
You discover that every month that you make a loan payment on time, your credit score goes up 3
points. You want to raise your score from 640 to 700. How many months will it take you?
a)
3 months
b) 12 months
c)
20 months
d) 180 months
QUESTION
2
of
5:
You
are
told
that
your
credit
score
of
650
is
better
than
40%
of
the
population.
Your
neighbor
has
a
credit
score
of
600.
Which
of
the
following
is
true?
a)
His
score
is
better
than
30%
of
the
population
b)
His
score
is
better
than
40%
of
the
population
c)
His
score
is
better
than
50%
of
the
population
QUESTION
3
of
5:
A
bank
tells
you
that
if
you
increase
your
credit
score
by
50
points,
it
will
reduce
your
interest
rate
on
your
$10,000
car
loan
by
1
percent.
How
much
will
this
save
you
in
the
first
year?
a)
$1
b)
$10
c)
$100
d)
$1,000
QUESTION
4
of
5:
You
receive
three
credit
scores:
680,
705,
695.
What
is
your
average
credit
score?
a)
690
b)
693
c)
695
d)
700
QUESTION
5
of
5:
If
your
payment
history
counts
for
35%
of
your
credit
score
and
the
types
of
credit
you
use
accounts
for
10%
of
your
score,
which
should
you
probably
work
harder
on
to
improve
your
score?
a)
Payment
history
b)
Types
of
credit
you
use
Reading
Quiz
QUESTION
1
of
5:
Credit
history
includes:
a)
Library
fines
b)
Savings
and
credit
card
accounts
c)
Being
a
good
friend
d)
Only
positive
items,
regardless
of
your
borrowing
past
QUESTION
2
of
5:
To
build
up
a
good
credit
history,
you
should:
a)
Get
a
Social
Security
Number
if
you
do
not
already
have
one
b)
Get
as
many
credit
cards
as
you
can
c)
Always
pay
at
least
the
minimum
amount
due
on
your
credit
card
d)
A
and
C
QUESTION
3
of
5:
A
savings
account:
a)
Is
no
use
in
developing
a
credit
history
b)
Should
have
your
correct
Social
Security
Number
attached
so
that
it
helps
your
credit
history
c)
Can
be
used
to
write
checks
and
is
a
credit
account
d)
Can
only
be
opened
once
you
are
18
years
old
QUESTION
4
of
5:
A
regular
paycheck
helps
your
credit
score
because:
a)
It
can
be
cashed
and
spent
quickly
b)
It
has
taxes
pulled
out
c)
It
shows
you
will
not
pay
your
bills
on
time
d)
It
indicates
you
are
likely
a
good
credit
risk
QUESTION
5
of
10:
Negative
items
on
a
credit
report
that
are
not
correct:
a)
Can
never
be
removed
b)
Don't
affect
your
credit
rating
c)
Are
best
ignored
d)
Should
be
removed
once
the
mistake
is
shown
to
the
credit
reporting
company