The Basics of Building Credit
Exercise 4
Choose the best answer.
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1.
Which person probably has the lowest credit score?
- A woman who has missed three credit card payments in a row
- A man who has had three car repossessions
- A woman who has a $125,000 house loan
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2.
Which of these people has a bad credit score? Assume they are all making their payments on time.
- A woman who owes money for a house, car, and loan
- A man with five credit cards
- A college freshman with $15,000 in student loans
- None of the above.