Centsai Credit Quiz

Question 1 /15

1. Which of these is NOT one of the three major credit bureaus?*

Question 2 /15

2. How often are the three major credit bureaus required to provide you with a free copy of your credit report?*

Question 3 /15

3. What is the only government-authorized site to get your free credit report?*

Question 4 /15

4. What two things are needed to generate a credit score?*

Question 5 /15

5. Which of these is NOT a scoring model?*

Question 6 /15

6. What does FICO stand for?*

Question 7 /15

7. What is considered a “good” score according to the FICO scoring models?*

Question 8 /15

8. Which factor has the biggest single impact on your FICO credit score?*

Question 9 /15

9. What percentage of your FICO score is determined by your payment history?*

Question 10 /15

10. What step will NOT work to quickly add a small boost your credit score?*

Question 11 /15

11. Who CANNOT legally request a copy of your credit report?*

Question 12 /15

12. How long do late payments generally stay on your credit report?*

Question 13 /15

13. How long do paid-off loans with no late payments stay on your credit report?*

Question 14 /15

14. Approximately what percentage of credit reports contain material errors?*

Question 15 /15

15. What does “credit card surfing” refer to?*

Funding a surfing trip solely using credit cards
Using credit cards to travel hack
Serially paying off credit card debt by transferring it to another card with a low or zero-interest “teaser rate” credit cards
Paying off credit card debt using money from a personal loan

JOIN OUR COMMUNITY OF EDUCATORS TO HELP MOVE FINANCIAL LITERACY FORWARD