Money Management Credit Review

What are good actions to take to fix a bad credit score?

All answers are correct

What is a reason to avoid using a credit card more frequently?

All answers are correct

Select an answer to the question Which of the following credit card fees does not apply to consumers?

Interchange fee

What is the most important factor when choosing a credit card?

It depends on your situation

For a healthy credit rating, try to keep your credit use at or below__% of your available credit.

30%

TRUE or FALSE: Credit cards are a type of installment credit.

FALSE

What is the most commonly used credit scoring system?

FICO

Which of the following is NOT a principle of healthy credit card habits?

Purchase identity protection from a reputable credit reporting company

What factor is NOT considered when determining credit scores?

Shopping frequency

Fill in the blanks: The goal with credit is to ________ by _________.

keep your score as high as possible / sticking to healthy spending habits