Credit Report Questionnaire

What is a myth about credit reports?

You only have one credit report and credit score
You have multiple credit reports and credit score
Both A and B
None of the above

You should actively use your cards to demonstrate responsible credit use. What should your credit card utilization rate? For example, you have a credit card with a balance of $1000 dollars

30%
50%
70%
90%

What is a P&L Statement?

Income statement or profit & loss statement shows company’s review and expenses during a particular period.
Income statement or profit & loss statement shows company’s cash flow during a particular period
Income statement or profit & loss statement shows company’s balance sheet during a particular period
None of the above

For the balance sheet?

Assets = Liabilities + Equity
Assets = Liabilities – Equity
Assets + Liabilities = Equity
None of the Above

Credit Report Questionnaire

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