Quiz: Does Bad Credit Rule Your Life?


The effects of bad credit can creep in slowly, causing damage, emotional stress and even legal trouble. Does bad credit rule your life? Take the quiz to find out.

  1. You are planning a trip to Florida for summer vacation. Your first thought is:
    a. Whether you can afford to fly
    b. Booking tickets early to save as much cash as possible
    c. Whether your credit card has enough room to charge the tip
  2. You have checked your credit scores within the last six months:
    a. True
    b. False
  3. Debt collectors have contacted family and friends within the past six months regarding your unpaid bills.
    a. True
    b. False
  4. You tend to focus on credit:
    a. As a way to gage financial stability and progress
    b. When something unexpected occurs, e.g., a high medical bill or a missed payment
    c. Only when absolutely necessary
  5. The last time you took out a loan:
    a. You planned carefully and based your decision on affordability, debt-to-income ratio and other factors
    b. Your immediate needs overshadowed financial concerns, e.g., financing a new car
    c. You needed a co-signer to seal the deal
  6. If you were unexpectedly billed $1,000 for a necessary expense, could you afford to pay it without credit?
    a. Yes
    b. No
  7. When you think about your current debts, you feel:
    a. Secure
    b. A little worried and uncertain
    c. Panicked


1: a-1; b-2; c-3
2: a-0; b-3
3: a-3; b-0
4: a-1; b-2; c-3
5: a-1; b-2; c-3
6: a-0; b-3
7: a-1; b-2; c-3

4-10 points: In Credit Control

You approach financial decisions with thoughtfulness and wisdom, and it’s likely that your credit score reflects your personality traits. You understand the factors that affect scoring and you aren’t willing to sacrifice stability for risk. Keep learning and keep up the good work!

12-17 points: Guidance Needed

You aren’t the worst when it comes to making financial decisions, but luck plays a major role in your financial life. While some decisions grab your attention and receive the necessary consideration, others fall through the cracks and damage your credit score in the process. Don’t miss an opportunity to save money and open doors in the future. Focus on credit repair by seeking education and professional advice. Both could change the course of your life.

18-21 points: Credit Damage Casualty

Your credit score is suffering, but you know that already. The stress of bad credit has likely left you feeling out of control and even indifferent to financial matters. Don’t give up! It’s never too late to turn things around, and ignoring the problem will only push you further into bad territory. Talk to our team ASAP to create a game-plan for the future.