Credit Score Basics and Calculation Quiz

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Credit Score Basics and Calculation: a General level Bank Exam Prep quiz. Test your knowledge with 12 questions!
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Questions

Question 1
What is the most common credit scoring model?
A FICO
B FDIC
C BANK
D VISA
Question 2
What is the typical range for a FICO score?
A 300 to 850
B 500 to 1000
C 1 to 10
D 0 to 100
Question 3
Which is a major factor in calculating a credit score?
A Gender
B Annual income
C Number of children
D Payment history
Question 4
How does paying bills late affect your credit score?
A It removes the account
B It lowers the score
C It has no effect
D It helps the score
Question 5
Which of these is NOT used to calculate a FICO score?
A Race or ethnicity
B Length of credit history
C Amounts owed
D Payment history

📋 This quiz has 12 questions in total.

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