1. The three major national credit bureaus are:

Experian, Trans Union, Equifax
Experian, TRW, Equifax
Experian, TRW, Trans Union
TRW, Trans Union, Equifax

2. Which of the following is not a type of Bankruptcy?

Chapter 7
Chapter 10
Chapter 11
Chapter 13

3. My spouse and I have a joint credit card. In case of divorce only the spouse who incurred the debt is responsible.

True
False

4. Generally speaking, what is considered a good credit risk score?

Anything below 500
Between 500-600
Between 600-650
Anything above 650

5. How many years does a late payment remain on your credit report?

2 years
7 years
10 years
14 years

6. How many years will a bankruptcy remain on your credit report?

2 years
7 years
10 years
14 years

7. Anyone can get a copy of your credit report.

True
False

8. It is a good idea to have your social security number printed on your checks.

True
False

9. How long must a late payment be outstanding before it is listed on your credit report?

1-7 days
14 days
30 days
45 days

10. Credit Bureaus approve applications for credit and loans.

True
False

1. You pay the rent/mortgage and utility bills on time.

Always
Sometimes
Never

2. I know how much I spend in a year.

More or less.
I have no clue.
Yes, down to the penny.

3. I have had ___ late payments within the past two years.

No
1-2
3-5
More than 5

4. I have had ___ accounts submitted to collection within the past two years.

No
1-2
3-5
More than 5

5. I have not had a tax lien or judgment filed against me within the past two years.

True
False

6. I have filed for bankruptcy within the past ten years.

True
False

7. I have applied for ___ credit cards within the past year.

No
1-2
3-5
More than 5

8. Of my available credit on my credit cards, I owe...

75-100%
50-75%
25-50%
Less than 25%

9. I received my first credit card or bank loan within...

1 year
2-5 years
5-10 years
10+ years

10. I have been denied credit within the past two years.

True
False