Credit Score Quiz
I just took this Credit Score quiz on Yahoo and got 6 out of 8 right. What about you guys??
http://qspace.iplace.com/cobrands/229/quiz.asp
I just took this Credit Score quiz on Yahoo and got 6 out of 8 right. What about you guys??
http://qspace.iplace.com/cobrands/229/quiz.asp
Got a 6 also.
got a seven-- #4 is a trick question!
7/8
so, if i'm a "credit guru" why doesn't MY fico score reflect that?!
What is the "trick" behind #4? I thought it was a straightforward question.
7
Mike
8
Reed carefully, there are no tricky questions: 8/8
8 for 8, but there is one question where their "right" answer is right in theory but wrong in practice, and the real answer is:
6. Credit repair companies:
A: Can “clean up” your credit by removing accurate, negative information because some such information won't be verifiable, or verified, or the company will just wear down the resistance of the CRA by various means. Happens every day.
not very good. 4/8
8/8 Dito to Jackman my credit score doesn't reflect it either, or maybe I should have known what I know now when I messed it up!!
I got 4/8. I am becoming credit savvy!
7/8 got the bankruptcy one wrong
7 = 10
13 = 7
7/8
I thought bankruptcy would stay for 7 years.
7 out of 8...
What about Chapter 11.
Quote:
On 2004-01-28 12:43, maiapapaya wrote:
7/8 got the bankruptcy one wrong
7 = 10
13 = 7
Quote:
On 2004-01-28 13:37, joel wrote:
What about Chapter 11.Humans don't file Chap 11, only businesses.
6/8
But it doesn't make me feel any better about my credit!
Hey, I just got an 8/8 and I don't have very good credit. Can anyone explain that. LOL
8 out of 8.
5 didnt read the questions
8 out of 8
Kinda surprising, thought for sure they'd get me on something!
Got me a 7/8 claims I,m some kind of credit "GURU". If having alot of dept has anything to do with it then I am a GURU.
ED
7/8
7/8
8
There were no tricks. #4 was a fair question.
N.
Got 6 out of 8. And I should have known better on the two I missed. Dang!
8/8 but 4 IS a trick question.
5. I'm weak before my first cup of java is downed...this is a nice info piece, though.
Got 7/8, but I had to learn the hard way!! Needed to make some serious changes!!
8/8 - No hesitation, no guessing. Easy.
7/8 I did not read the employer question close enoungh.
BK will stay for 10 years but the longer it on your file the less it will count. After 7 years it gets almost no negative points but lenders will still see it.
8/8. I'm a good test-taker.
-e-
8 out of 8
to bad my credit score doesn't reflect that
[addsig]
Here is a site for you about credit ]
****Must Reach Freshman Investor status before posting URL's***
go to the FAQ area
Lets try this to see if it works
info about credit , go tro FAQ area in on the internet. You will have to fill in the most obvious parts , but its called
myfico
I'm getting ready to take it. Can someone please give me the answeres for #1 through #8????. That's not ask for much is it???
6/8 Kinda disappointing, I thought I knew more. I missed the marriage one I thought it was merged together.
And I missed the Employer I thought they could pull your credit without consent, I was wrong.
8/8
I guess all the stuff I have learned since I raised my Fico from 520 to 657 really paid off. javascript: x()
javascript: x()
8/8 - but then, I owned a CRA for 11 years . . .
6/8
Where on yahoo did you find this.
Nevermind I found it.
8/8 Number 4 is no trick.[ Edited by WheelerDealer on Date 02/20/2004 ]
7 out of 8. I didn't know there are five states that allow getting a free report. I think I read somewhwre that this will be true in all states soon.
7/8
Joel, thanks for sharing!
Eric & Rosa
[addsig]
got an 8- knowing that bankruptcy question was a trick...
spoon
I got 8/8. The bankruptcy one was easy only because of a casual conversation I had with a mortgage broker in Vegas. Would have missed that one prior to December.
8/( and I am still fighting w/transunion about an item with the wrong dates---a last pay item in 2 -97 that should be gone, but is not..
last post should have said 8/8
8/8
I got a 6.
Dave,
I have enjoyed your many posts. About 5 + years ago, the laws changed so that all BK's stay on the report for 10 years - not the 7 years like it was. It doesn't matter if it was a chapter 7 or 13.
Derek
Quote:
On 2004-01-28 01:25, DaveT wrote:
What is the "trick" behind #4? I thought it was a straightforward question.
I agree with the quiz. The same technique that you are suggesting - disputing valid claims as false can also be done for free by the consumer. Spending money for an agency to try to "repair" your credit is a waste of money.
Just my 2 cents
Quote:
On 2004-01-28 11:32, flacorps wrote:
8 for 8, but there is one question where their "right" answer is right in theory but wrong in practice, and the real answer is:
6. Credit repair companies:
A: Can “clean up” your credit by removing accurate, negative information because some such information won't be verifiable, or verified, or the company will just wear down the resistance of the CRA by various means. Happens every day.
6 out of 8
6/8 got the bankruptcy answer right...been there done that!
I recieved a 6/8 Had no idea about this:
Under what circumstances are consumers entitled to a free credit report for a credit bureau?
Oops, your answer was incorrect.
The answer is D.
Consumers are entitled to a free credit report if they:
1) have been denied credit, insurance or employment as a result of their credit report,
2) live in Colorado, Maryland, Massachusetts, New Jersey, or Vermont,
3) believe identity fraud has resulted in inaccuracies on their report,
4) will be applying for unemployment or 5) are receiving welfare assistance. The Fair Credit Reporting Act mandates that consumers who have been denied credit have the right to a free credit report. Additionally, the states mentioned above maintain laws that allow residents to receive one free credit report per year.
][ Edited by sKauGhTiEe on Date 03/20/2004 ]
8/8 I must admit that I wasn't sure right away about #4. I kind of guessed there.
Where can I get my credit score?
:-? 6/8........rats!
[addsig]
I heard it looks bad if you request a credit report, is that true? I requested one a while ago and never got it but I'm worried about requesting it again.
Quote:
On 2004-03-22 08:14, gsrgirlie wrote:
I heard it looks bad if you request a credit report, is that true? I requested one a while ago and never got it but I'm worried about requesting it again.
Depends where you go to get your credit report. If you request directly from one of the big three, it can't be disclosed elsewhere. No possible problem for you whatsoever.
A "Hard Pull" is seen by anyone who looks at your report, and indicates that you are seeking credit, insurance, or opening a bank account. It costs a few FICO points up front, over time the points come back to you until at 25 months, it's off your reports.
A "Soft Pull" is not seen by others ... just by you ... and shows you who's been doing account reviews, and/or evaluating whether to try to sell you a card or mortgage or insurance or whatever. It has no bearing on your credit (costs no FICO points, won't be seen by a manual underwriter.
A "Consumer Disclosure" pull is only seen by you and the CRA. It has no bearing on your credit, and won't be seen by anyone else.
What you want to avoid is accidentally going through a service that sells you your own credit report, but does hard pulls instead of consumer disclosure pulls.
7/8.
8/8 thats a good review
sire
8 of 8! Yeah! :-D
8/8 No hard questions there!