CREDIT CARDS
18.
At what age can you get a credit card?
15% of your FICO score.
What % of your FICO score is the length of your credit history + the age of your accounts?
Yes.
Can you be removed as an authorized user under someone's card?
Acosta
Arseny
Higher.
If you have a high credit score will your credit limit be higher or lower?
5-10 points for about a year.
When you first finance a car how many credit points do you lose?
True.
True or False: A higher credit utilization ratio decreases your credit score.
True.
True or false: When someone adds you as an authorized user to their credit account you get your own credit card with your name on it?
Estrada
Alizae
670-739.
What is considered a good credit score?
False.
True or False? Rent is always reported to credit bureaus.
The amount of credit you have compared to how much credit you use.
What is a credit utilization rate?
Full name, SSN, DOB, Address, and number.
What information do you need to become an authorized user?
Burgan
William
Annual fee.
What is the yearly fee that may be charged for having a credit card?
Seven years.
How long can an eviction affect your credit?
The total amount you can borrow from the bank.
What is a Total Credit limit?
To increase credit card safety, the back of the card should include the cardholder's signature and this.
The authorized user should set up a payment arrangement with the primary cardholder in order to..
Cardona
Marie
Balance transfer fee and cash advance fee.
What are two types of transaction fees for a credit card?
Yes.
Do evictions always show on your credit history?
10% - 30%.
What’s an ideal credit utilization ratio?
Calling the credit card issuer or logging onto the online account.
How do you add someone as an authorized user to your credit card? Calling the credit card issuer or logging onto the online account.
Thank you!
Thank you