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QUIZ: How much do you know about your credit score?

Posted at 4:01 PM, Jul 01, 2016
and last updated 2016-07-02 00:55:00-04

How much do you really know about your credit score?

Test your knowledge by answering these three questions:

1. Which service can use your credit score to determine price?

A. Electric utilities

B. Cell phone providers

C. Both of the above  

 

2. You've got a $20k car loan for five years. How much more do you pay with bad credit?

A. Under $1000

B. $1000-$3000

C. $3000-$5000

D. more than $5000 

 

3. Which cannot be used to determine your credit score?

A. Age

B. Marital status

C. Ethnicity

D. None of the above can be used 

(SEE ANSWERS BELOW)

Click here for more information on what affects your credit report and credit score.

Need my help?

Call the Assistance League of Phoenix volunteers at 1-855-323-1515. You can also send me an email joe@abc15.com or a video email where you attach a video explaining the problem.

And you can reach me on Twitter or "like" the Let Joe Know Facebook  and tell me about it there.

 

 

 

 

 

ANSWERS: 

1. C

2. D

3. D