Quiz – Building Credit Foundation

Question 1 of 6

1. Question

Payment history is your strongest lever, making up what share of your score?

35 percent

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10 percent

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15 percent

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50 percent

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Question 2 of 6

2. Question

To strengthen your profile, the capsule says keep credit utilization below:

30 percent of your limits

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80 percent of your limits

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100 percent of your limits

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10 percent of your limits

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Question 3 of 6

3. Question

According to the capsule, the strongest credit-building tool is:

Consistent, on-time payments

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Opening many new accounts fast

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Paying only the minimum

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Maxing out your cards

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Question 4 of 6

4. Question

Besides payments, what else helps build a robust credit reputation?

Maintaining diverse accounts and length over time

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Closing every account each year

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Avoiding credit entirely

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Missing occasional payments

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Question 5 of 6

5. Question

Match each credit factor to its role.

Sort elements

Strongest lever at 35 percent
Keep it below 30 percent of limits
Maintain a mix of accounts
Builds reputation over time

Payment history

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Credit utilization

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Credit diversity

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Length of history

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Question 6 of 6

6. Question

Match each action to its effect on credit.

Sort elements

Strengthens your reliability
Slows progress and adds interest
Damages your score
Help you never miss a due date

Paying on time

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Paying only the minimum

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A late payment

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Automatic payments

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