Credit Score Basics Mastery Quiz

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Credit Score Basics Mastery: a General level Bank Exam Prep quiz. Test your knowledge with 13 questions!
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Questions

Question 1
Which factor has the largest impact on a credit score?
A Recent inquiries
B Types of credit
C Age of accounts
D Payment history
Question 2
What is the typical range for FICO scores?
A 500 to 1000
B 300 to 850
C 100 to 500
D 0 to 500
Question 3
What does a high credit score indicate?
A Low risk to lenders
B Frequent bankruptcies
C Unpaid medical bills
D High personal debt
Question 4
Which of these is considered a negative action for credit?
A Keeping low balances
B Paying bills on time
C Missing loan payments
D Maintaining one card
Question 5
How does opening many new accounts affect a score?
A It improves it
B It may lower it
C It doubles it
D No effect

📋 This quiz has 13 questions in total.

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