What will most likely happen to your credit score if you miss several car payments?A.Your credit score will go down.B.Your credit score will be terminated.C.Your credit score will not be affected.D.Your credit score will go up.SUBMITarrow_backPREVIOUS

You will not hurt your credit rating if you:A.pay off bills before they are due.B.miss a mortgage payment on your home.C.have your car repossessed due to nonpayment of bills.D.apply for new credit cards all the time.SUBMITarrow_backPREVIOUS

What can happen if you do not pay back money you have borrowed?A.You can be charged penalties and fees.B.You can ignore late payment notices.C.You can be offered more credit.D.You can get an increase in your credit.SUBMITarrow_backPREVIOUS

Why would bankruptcy cause someone to lose their car?A.It relieves a person of their debts.B.It harms a person's credit report.C.It increases the cost of insurance.D.It causes a loss of assets.SUBMITarrow_backPREVIOUS

Which of the following is LEAST likely to show up on your credit report? a. All of your credit card debt b. How many late payments you've made c. How much money you have in the bank d. How much money you owe

Consumers are most likely to have a good credit score if they:A.never miss their monthly credit card payments.B.fully complete a credit card application.C.reach the credit limit on multiple credit cards.D.file for bankruptcy to have their debts forgiven.