Even lenders who don't use credit scores do consider many of the same factors considered to generate your score. Here's a simple quiz that can help get you started. The quiz and actions you may take are not meant as a quick fix to any credit problems you may be suffering. Credit Quiz Questions 1. You have an obligation to fully pay all bills on time.
Some late payments show up as negative items on credit reports.
A. 45 Days B. 30 Days C. 15 Days D. 24 Hours 2. Until the loan is paid in full 3. A. 26 Years B. 10 Years C. 5 Years D. 2 Years 4. A good credit score can land you a loan and help you get lower rates. A. Get a new credit identity B. Pay off bills and lower credit balances C. Increase savings D. Pay bills on time 10.