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Financial Literacy 

Credit Score Worksheet 


 
1. What are two things that could potentially hurt your credit score? 
● Opening a credit card and racking up debt 
● Not paying your payments 
 
2. What should you do if there is a problem/inaccuracy in your credit 
report? 
● Tell the credit reporting company what is inaccurate and include 
copies of the documents that support the problem 
 
3. What are three things you could do to build a strong credit history 
before you graduate high school? 
● Pay all bills on time 
● Keep low credit card balance 
● Don’t rack up debt 
 
4. What are the three major credit reporting agencies? 
● Equifax 
● Experian  
● TransUnion 
 
5. What is the range of credit scores? 
● About 300-850 
 
6. What is considered a “Good” Credit Score? 
● About 700 
 
 
 
Weekly Budget: $20 for one week 

 
 
 
 
 
Semester Budget (College) 
 

 
 
 
 
 
 
 
 
 
 
Job Simulation Monthly (future) 
 
 

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