70 points

which credit score would you tell your friends is the worst for getting a loan?

700

650

580

500

who could use your credit score to obtain information about you?

a credit card company

a landlord

a potential employer

all of the above

which option is the best way to eliminate debt?

paying your balances off in full

making minimum payments on credit cards

always using your credit card for purchases

all of the above

if you want to keep your standard of living as high as possible, which of the following should you do?

get a credit card with a high interest rate

make credit card purchases that you know you can pay back within a month

apply for as many credit cards as possible

always use your credit card for purchases

you purchase new furniture and decide to pay using your credit card. you plan to pay off this debt within a year.

choose the best credit card choice from the given offers.

3% interest

27% interest

0% interest for 1 year and 12% interest after that

18% interest

you purchase a couch at your local warehouse club and decide to pay using your credit card. you plan to pay off this debt within a year.

choose the best credit card choice from the given offers.

9% interest

0% interest for 1 year and 12% interest after that

1.2% interest

0% interest for 6 months and 2% interest after that

when telling your parents about credit cards, which practice is most important?

paying your balances off in full

making minimum payments on credit cards

always using your credit card for purchases

all of the above

when recommending financial tips to friends and family, which practice can lower your credit score?

carrying balances on credit cards

making late payments

using credit cards when you don’t have enough money in your savings account

all of the above