Mastering Credit Score Fundamentals Quiz

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Mastering Credit Score Fundamentals: a General level Bank Exam Prep quiz. Test your knowledge with 10 questions!
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Questions

Question 1
What is the typical range for a FICO credit score?
A 500 to 1000
B 300 to 850
C 100 to 500
D 0 to 500
Question 2
Which agency is NOT a major credit bureau?
A Federal Reserve
B Experian
C TransUnion
D Equifax
Question 3
Which action can lower a credit score?
A Paying bills on time
B Missing a loan payment
C Increasing your savings
D Closing a very old account
Question 4
How long does a bankruptcy typically stay on a report?
A One year
B Twenty years
C Seven to ten years
D Three years
Question 5
What is a major benefit of a good credit score?
A Free checking accounts
B Lower interest rates
C Automatic bank promotion
D Higher tax rates

📋 This quiz has 10 questions in total.

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