Personal Credit and Financials Quiz
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What are the 5 components that make up your credit score?CorrectIncorrect
True or False: Lenders do not need my personal financial statement to determine whether or not to grant financing for my business.CorrectIncorrect
Which of the following CANNOT be deleted from your credit report?CorrectIncorrect
True or False: Your Capacity is how lenders determine how much money you can borrow.CorrectIncorrect
Name 3 Reasons Why Good Credit is Important
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.
This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
True or False: Chapter 13 bankruptcy is typically removed from your credit report 7 years after the date you filed.CorrectIncorrect