This bingo card has a free space and 30 words: What is a credit score?, What does a high credit score mean?, What could happen if you have a low credit score?, How do amounts owed affect your credit score?, True or False: reviewing your credit card bill online lowers your credit score, How many frees credit reporting agencies are there?, True or False: Credit scores reflect how likely individuals are to repay their debt, True or False: Types of credit used impact your credit score the least., How does opening a savings account affect your credit score?, True or False: Checking annually helps keep tabs of your credit score, What effect does charging $400 on a credit card with a $2,000 limit have on your credit score?, True or False: Gift cards from a store are a type of credit, True or False: Amounts owed is one of the 5 components of a credit score, How does the length of your credit history affect your credit score?, What is the general range of credit scores?, True or False: Payment history plays a small role in how your credit score is calculated, Is amounts owed the most important component in a credit score?, True or False: You can secure a loan with a fair credit score., Why should you check your credit score?, How will reviewing your credit score online affect it?, True or False: The bank will check your credit score when you’re applying for a loan, True or False: Closing out an old credit card will help your credit score., How will the length of your credit history affect your credit score?, How does having an excellent credit score affect you?, True or False: Only the credit bureaus know exactly how credit scores are calculated, How long can negative items stay on your credit score report?, What are examples of public information shown on your credit score report?, What is a soft inquiry?, What is a hard inquiry? and True or False: It is crucial to know your exact credit score in order to maintain a healthy one.
CREDIT | CREDIT BINGO | Unit 4: Managing Credit | College Knowledge | MCAT Must-Knows Bingo
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