Credit Pop Quiz
Credit Pop Quiz: How much do you know about credit?
Find out by answering these questions.
See how many you answer correctly. Each question is worth 1 point.
How many factors make up your score? Extra Grizzly points if you can name them.
Your scores are based on 5 factors.
Payment history
Credit usage
Total balances
Credit age
Recent credit
When you check your score, does it hurt your credit?
Nope! Only hard inquiries will affect your score (and even then, only marginally). When a lender looks at your credit when you apply for a loan or credit card that's considered a hard inquiry, and that can have a negative impact on your score.
How much does it cost to freeze your credit?
Nothing! As of September 21, 2018, you can freeze and unfreeze your credit file for free.
What is the highest and lowest score you could possibly have?
300 to 850
The higher the better.
Can you improve your score by having negative, incorrect info removed from your credit report?
Yes, which is reason #817 why you need to keep tabs on your credit report. If you find incorrect info, you can dispute with the credit bureau that reported it. Once removed, it won't harm your credit score and could result in it going higher.
5 points = Basically an expert!
4 points = Pretty good.
3 points = Better brush up on your credit knowledge.
2 points = Uh oh.
1 or less = Login to see your Credit Score immediately and study your credit report card.
You can easily access Credit Score through our eBanking and True North Mobile App by clicking on the Credit Score widget on your dashboard or the :: More menu.