Quiz: Sample Credit Score - Stukent : Stukent

Which contributing factor makes up 30 percent of a credit score?
- New credit
- Amounts owed
- Payment history
- Length of credit history
- Types of credit used
Which of the following best describes the difference between a soft and hard credit inquiry?
- Although both are reported, soft inquiries help credit, whereas hard inquiries hurt it.
- Hard inquiries occur when an entire credit report is pulled for the purpose of obtaining new debt, whereas soft inquiries occur when a financier looks only at a credit score.
- A soft inquiry is one that occurs within ten days of another similar inquiry, whereas a hard inquiry is one that occurs by itself.
- Soft inquiries stay on a credit report for two years, whereas hard inquiries stay on a credit report for a minimum of seven years
- A hard inquiry occurs whenever a credit score is generated, whereas a soft inquiry occurs when a lender looks at a credit report.
What is the maximum percent of revolving credit a person can use at once before damaging his credit score?
- 10%
- 15%
- 20%
- 30%
What two pieces of information are lenders required to report to CRAs each month?
- The amount of money a person owes and the amount it was borrowed for
- The amount of money a person owes and whether he made his payment on time
- The amount of money a person owes and the amount of debt he initially borrowed
- Whether a person made his payment on time and how many payments he has made in total
- The amount of time a person has been in debt and the amount of money he still owes
If a lender denies a person credit, the lender must tell her why she was denied.
- True
- False

Quiz: Common Myths About Personal Credit and Credit Scores

Contact Us

Products

Resources

Support

Company

© 2025 — Stukent Inc. All Rights Reserved

Outage Notice: July 23 from 6-10 a.m. EDT