Take The Credit Road Map Quiz
How is your credit IQ? Take this short quiz to find out:

1. What entity enforces consumer rights pertaining to credit?

The Better Business Bureau (BBB) 

The Federal Communications Commission (FCC) 

The Federal Trade Commission (FTC) 

Housing and Urban Development (HUD)

2. Which of these could be affected by your credit? 

Employment 

Loan approval 

Insurance premium 

All of the above

3. What happens if a lender does not report your account to the credit bureaus? 

They can be fined by the FTC 

They can be forced by the credit bureaus 

They could lose their banking license 

They are not required by law to report

4. A divorce decree will not protect your credit. 

True 

False

5. Closing all of your credit card accounts could hurt your credit scores in the future. 

True 

False

6. Paying your balance on a credit card in full each month will ensure your scores are always at the highest possible. 

True 

False

BONUS QUESTION: What is the highest annual fee of any credit card on the market? 

$300 

$250 

$2,500

$400

 

 

Your Score

 

The correct answers to the questions you missed are in red.

 

 

1. What entity enforces consumer rights pertaining to credit?

2. Which of these could be affected by your credit? 

3. What happens if a lender does not report your account to the credit bureaus? 

4. A divorce decree will not protect your credit. 

 

5. Closing all of your credit card accounts could hurt your credit scores in the future. 

6. Paying your balance on a credit card in full each month will ensure your scores are always at the highest possible. 

BONUS QUESTION: What is the highest annual fee of any credit card on the market?