1.Which of the following is an example of open-end credit? 

1. An automobile loan
2. A department store credit card
3. A mortgage loan
4. Single lump-sum credit

2.Which of the following is NOT one of the Five C's of credit?

1. Capacity
2. Collateral
3. Conditions
4. Credit

3. Which of the following is NOT a credit bureau?

1. Equifax
2. Experian
3. Fair Isaac Corporation (FICO)
4.  TransUnion

4. FICO scores range from

1. 100 to 1000
2. 201 to 770
3. 501-990
4. 350 to 850

5. Experts suggest that the debt payments-to-income ratio should be a maximum of

1. 0%
2. 10%
3. 20%
4. 30%

6. Which of the following is often the first sign of a stolen identity?

1. You receive bills for a credit card you never opened
2. You see charges to your account for items you purchased.
3. You receive a duplicate credit card from your credit card company.
4. All of these are typical signs of a stolen identity.

7. All of the following are signs of financial trouble except

1. You use savings to pay for necessities such as food and utilities.
2. You exceed the credit limits on your credit cards.
3. You pay your credit card bills in full each period.
4. The total balance on your credit cards increases each month.

8. Most information on your credit file can be reported for up to how many years?

1. Three years
2. Five years
3. Seven years
4. Ten years