1. which two of the following are the best ways to improve your credit scores?

A.Apply for new credit without actually using it.

B. Keep your balance low

C. pay your bills on time

D Move credit card debt around

E. Never pay less than the minimum amount.

3. A credit reporting agent collects information and creats a report based on how you use credit. Which of these is a credit reporting agency?

A. DMP

B. Experian

C. Fair credit reporting act

D. Powerpay

4. which of the following is not a way to improve your credit?

A. Keep your balances low

B. Move debt around

C. Keep established accounts

D. Pay your bills on time

5. A flexible expenses and a periodic expense are basically the same thing. TRUE or FALSE.

6. Which one of the following uses your credit history to determine your credit score?

A. Equifax

B. Experian

C. FICO

D. TransUnion

7. You can save on intrest and return the time it takes to pay off a credit card balance if you pay more than the minimum amount due each month. TRUE or FALSE