How Much Do You Really Know About Your Credit Score?

8 Questions

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How Much Do You Really Know About Your Credit Score?

Take our quiz and find out!


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Questions and Answers
  • 1. 
    Which of these can have a negative effect on your credit score? Tick all that apply.
    • A. 

      Missing regular payments

    • B. 

      Moving home

    • C. 

      Having a credit card

    • D. 

      Using quotation searches to compare prices

  • 2. 
    True or false: Registering to vote helps with my credit score.
    • A. 

      True

    • B. 

      False

  • 3. 
    For how long does a missed payment stay on your credit report?
    • A. 

      6 months

    • B. 

      One year

    • C. 

      At least six years

    • D. 

      Forever

  • 4. 
    You share a bank account with your flatmate in order to pay the monthly bills. Your flatmate misses a payment to their mobile phone provider. The contract is only in their name, but the payment comes from your joint account. Is your credit score affected?
    • A. 

      Yes

    • B. 

      No

  • 5. 
    Which of these has a positive impact on your credit score?
    • A. 

      Maxing out available credit each month such as credit cards and overdrafts

    • B. 

      Keeping credit applications to a minimum

  • 6. 
    True or false: Applying for loans with a number of companies to compare the rates helps strengthen my credit score.
    • A. 

      True

    • B. 

      False

  • 7. 
    Which of these applications will use your credit report as an indicator? Tick all that apply.
    • A. 

      Mortgage

    • B. 

      Loan

    • C. 

      Credit card

    • D. 

      Store card/credit

    • E. 

      Mobile phone contract

    • F. 

      Car finance

    • G. 

      Insurance

  • 8. 
    True or false: My credit rating from one agency will be the same as from the others.
    • A. 

      True

    • B. 

      False