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Check Your Understanding: Debt and Credit

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Check Your Understanding: Debt and Credit

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1.

Your credit score is NOT used to help determine which of the following?

Whether you are approved for a loan.

Whether you are approved for a health insurance policy.

What interest rate you receive on a loan.

2.

What's considered a good FICO score?

720 or above

700 or above

680 or above

3.

How much of your available credit should you aim to use on credit cards?

No more than 10 to 30%

No more than 5%

No more than 20%

Enter your text here

Time's up

SECTION 1: Getting Started
- Lesson 1: Welcome to Jumpstart Your Finances2:47
- Lesson 2: Budgeting6:28
- Check Your Understanding:
  Budgeting3 questions
SECTION 2: The Right Track
- Lesson 3: Saving4:23
- Check Your Understanding:
  Saving
  3 questions
- Lesson 4: Debt and Credit4:29
- Check Your Understanding:
  Debt and Credit
  3 questions
SECTION 3: Planning for the Future
- Lesson 5: Retirement7:05
- Check Your Understanding:
  Retirement
  2 questions
- Lesson 6: Protection4:19
- Check Your Understanding:
  Protection
  3 questions

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