Credit Repair Quiz
Boost Your Credit Knowledge
Are you struggling with understanding credit scores and how to repair your credit? Take our Credit Repair Quiz to test your knowledge and find out how to improve your financial standing!
- Learn about common credit terms
- Understand the implications of late payments and charge-offs
- Discover how a high credit score can enhance your life
What was my name?
Kathy
Sandra
Kaitlyn
Catherine
What personal information can be incorrect on your credit report?
Name, Employer, Car Make
Name, SSN, Employer
Name, SSN, Employer, address
Name, SSN, Employer, address, phone number
What's a late payment?
When you don't pay your medical bill
When you miss a payment on your credit card/car
When an invoice isn't paid
When you make your payments on time
What's a charge off?
A unpaid mortgage
A unpaid credit card
A unpaid medical bill
A unpaid auto loan
What's a collection?
A unpaid bill with a creditor
When you make on time payments
A bunch of unopened mail
When they collect your car
What's a foreclosure?
When you miss payments and they take your boat
When you miss payments and they take your car
When you miss payments and they take your house
When you miss payments and they take your motorcycle
What's a repossession?
When you get evicted
When they take your car
When they take your kids
When you owe someone money
What's a judgement?
When a creditor takes you to court and wins
When you get selected for a game show
When the banks says bad things about you
When a crowd judges you
What happens when you file for bankruptcy?
You're awarded all of the money you owe to banks
All debts will be cleared
They take away your car
You'll have to pay all your debt at once
How many inquiries should you have per year?
2-4
10-12
5-7
None
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