How much do you know about credit?
Test Your Credit Knowledge
Are you confident in your knowledge about credit? Take our quiz to find out how much you truly know! This quiz will challenge your understanding of credit terms, scores, and practical credit management.
- 5 engaging questions
- Multiple choice format
- Instant feedback on your answers
Credit is the ability to borrow money or access goods or services with the understanding that you'll pay later.
False
True
Credit is only used for buying everyday things.
True
False
Credit score is a written statement that has personal information about your credit card activity and current credit situation.
True
False
How can you grow your credit?
Buy more and pay minimum.
Closing other credit accounts often.
Making payments on time and building credit history.
Using credit up to it's maximum and then canceling the credit card by calling the lender.
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