Understanding Credit Scores Quiz

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Understanding Credit Scores: a General level Bank Exam Prep quiz. Test your knowledge with 12 questions!
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Questions

Question 1
Which factor impacts a credit score?
A Marital status
B Payment history
C Home address
D Current job title
Question 2
What is the best way to improve a score?
A Stop spending money
B Close all accounts
C Open ten credit cards
D Pay bills on time
Question 3
A high credit score generally leads to:
A Lower interest rates
B Denied loans
C Higher interest rates
D Fewer job offers
Question 4
Late payments affect a score for how long?
A Several years
B One week
C One month
D Never
Question 5
What is a credit inquiry?
A A bank error
B A loan application
C A tax audit
D A request to check credit

📋 This quiz has 12 questions in total.

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