Credit Score

Welcome to the Credit Score category of Questions LLC! Whether you're a financial novice or a seasoned expert, understanding your credit score is essential for managing your financial well-being. Here, you'll find a wide range of questions and answers related to all things credit score. From tips on improving your credit score to navigating the complexities of credit reports, our knowledgeable community members are here to assist you. Explore this category to gain insights, share experiences, and get expert advice on all aspects of credit scores.

Questions (67)

Juanita is saving up to buy a truck. She wants to put $4000 down and borrow the rest. That down payment will lower the monthly
1. 1 answer
2. asked anonymously
3. 94 views
What percent of a person’s credit score is based on on-time payments?(
1. 1 answer
2. asked by e
3. 11 views
3 Which of the following can have a positive effecton your credit score? A owing more money than you earn B losing your job C
1. 1 answer
2. asked by ur mom
3. 110 views
Which statement would have a positive effect on acredit score? A “I made six late car payments last year” B “I borrowed
1. 1 answer
2. asked by Anonymous 2.0
3. 68 views
Which of the following would have a negativeeffect on your credit score? A getting a promotion at work B making late payments on
1. 1 answer
2. asked by Anonymous 2.0
3. 76 views
Which of the following can have a positive effecton your credit score? A owing more money than you earn B losing your job C
1. 1 answer
2. asked by Rebekah
3. 105 views
2 Which of the following would have a negativeeffect on your credit score? A getting a promotion at work B making late payments
1. 2 answers
2. asked by Rebekah
3. 226 views
You are purchasing a car for $12,465.00 plus 5.65% sales tax. You make a $1,300.00 down payment and have a fair credit score. If
1. 3 answers
2. asked by delaney
3. 1,854 views
What is true about having exceptional credit?(1 point)Responses A person makes a habit of paying for only exceptional service. A
1. 2 answers
2. asked anonymously
3. 46 views
Where does your credit score come from?(1 point) ResponsesIt is based on information you provide to Equifax, Experian, and
1. 3 answers
2. asked by king
3. 83 views
Which of the following will likely lower your credit score?(1 point) Responses You are three months away from paying off your
1. 3 answers
2. asked anonymously
3. 52 views
Where does your credit score come from?(1 point) Responses It is calculated by Equifax, Experian, and TransUnion. It is
1. 5 answers
2. asked anonymously
3. 80 views
Where does your credit score come from?A) It is calculated from your work and sent to Equifax, Experian, and TransUnion. B) It
1. 6 answers
2. asked by Curiosity
3. 59 views
Which of the following will likely lower your credit score?(1 point)Responses You are three months away from paying off your
1. 1 answer
2. asked anonymously
3. 27 views
Which of the following will increase your credit score?(1 point)Responses You have a major credit card, a store credit card, and
1. 1 answer
2. asked anonymously
3. 54 views
QuestionWhere does your credit score come from?(1 point) Responses It is based on information you provide to Equifax, Experian,
1. 1 answer
2. asked anonymously
3. 44 views
Where did your credit score come from? It is based on information in the credit reports compiled by Equifax, Experian and Trans
1. 1 answer
2. asked anonymously
3. 43 views
Which is the most important factor that FICO uses to determine your credit score?(1 point)Responses new credit new credit
1. 1 answer
2. asked anonymously
3. 62 views
Mandy has a credit score of 450. Which of the following judgments would most likely be made by a financial institution about
1. 1 answer
2. asked by ..
3. 86 views
What factor has the biggest impact on a credit score?Question 6 options: Having a variety of types of credit The amount of money
1. 1 answer
2. asked anonymously
3. 55 views
What factor is not used by FICO to calculate a score?(1 point) Responses Viewing of your own credit score Viewing of your own
1. 1 answer
2. asked anonymously
3. 45 views
Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to
1. 2 answers
2. asked by CABDY
3. 536 views
(1 point) Responses Find your credit score Find your credit score Prepare a business plan with financial projections Prepare a
1. 1 answer
2. asked anonymously
3. 25 views
Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to
1. 1 answer
2. asked by Rachel
3. 461 views
What is a consequence of having a poor credit score?What is a consequence of having a poor credit score? 1 You will never be
1. 1 answer
2. asked anonymously
3. 28 views
What is a consequence of having a poor credit score?What is a consequence of having a poor credit score? You will never be able
1. 1 answer
2. asked anonymously
3. 29 views
Why should you try to build a high credit score?(1 point) to demonstrate professional success to act as a role model for your
1. 1 answer
2. asked anonymously
3. 19 views
What is your credit score based on? (1 point)only your record of paying back loans only your most recent purchases all records
1. 1 answer
2. asked anonymously
3. 24 views
The main purpose of credit score is for lenders to decide whether or not to approve someone for a loan, mortgage, or credit card
1. 1 answer
2. asked anonymously
3. 25 views
Credit score is a range of numbers that helps lenders decide whether to approve someone for a loan.What is the lowest possible
1. 1 answer
2. asked anonymously
3. 19 views
Kate missed a payment on a loan a year ago when times were rough, but has made all payments on time since then. Which statement
1. 1 answer
2. asked by kricket
3. 25 views
Where does your credit score come from?(1 point) Responses It is based on information in the credit reports compiled by Equifax,
1. 1 answer
2. asked anonymously
3. 20 views
Which of the following will increase your credit score?(1 point)Responses You have a major credit card, a store credit card, and
1. 1 answer
2. asked anonymously
3. 24 views
There are late payments on your credit report. There is a good reason you missed those payments — a reason that is unlikely to
1. 1 answer
2. asked anonymously
3. 30 views
Which is the most important factor that FICO uses to determine your credit score?(1 point)Responses new credit new credit amount
1. 1 answer
2. asked anonymously
3. 16 views
After a bankruptcy procedure is completed, when can you start rebuilding your credit?(1 point)Responses right away right away
1. 1 answer
2. asked anonymously
3. 15 views
Juanita is saving up to buy a new truck. She wants to put $4000 down and borrow the rest. That down payment will lower the
1. 1 answer
2. asked anonymously
3. 35 views
Miguel and Shonda are married and applying for a loan. They have similar salaries. Before they got married, Miguel had some
1. 1 answer
2. asked anonymously
3. 23 views
QuestionMandy has a credit score of 450. Which of the following judgments would most likely be made by a financial institution
1. 1 answer
2. asked by jk is my love
3. 19 views
which of the following will increase your credit score?- you have a major credit card, a store credit card, a gasoline credit
1. 1 answer
2. asked anonymously
3. 26 views
which of the following will likely lower your credit score?- you recently declared bankruptcy - all of your accounts date five
1. 1 answer
2. asked anonymously
3. 18 views
Which of the following is part of the formula that determines a person's FICO score?The percent of income that they invest into
1. 1 answer
2. asked anonymously
3. 5 views
Which is the most important factor that FICO uses to determine your credit score?(1 point)Responses credit mix credit mix new
1. 1 answer
2. asked anonymously
3. 30 views
What factor has the biggest impact on a credit score?Question 3 options: Having a variety of types of credit The amount of money
1. 1 answer
2. asked anonymously
3. 26 views
Which of the following statements is TRUE:Question 6 options: Applying for several lines of credit in a short period of time can
1. 1 answer
2. asked anonymously
3. 24 views
Which of these would improve a person's credit score?A. • having many small loans B. • paying off a significant debt C. •
1. 1 answer
2. asked anonymously
3. 10 views
Which of the following could have a negative impact on a credit score?
1. 1 answer
2. asked anonymously
3. 7 views
Jacques maxes out his credit card and then misses several payments in a row before he started paying his bills. How could this
1. 1 answer
2. asked anonymously
3. 36 views
Everyone can get a free credit score check.Responses True True False
1. 1 answer
2. asked by Addi <3
3. 28 views
Which of these would improve a person’s credit score? (1 point) ResponsesA. having many small loans B. paying off a
1. 1 answer
2. asked by quick check
3. 10 views

Credit Score

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