Hobo or Boy Scout? Credit quiz tells the score
--Make all loan payments on time
--Keep credit card balances under 25 percent of the credit limit
--Avoid opening several new credit card accounts at the same time
--Beat the spread on Sunday's Red Sox vs. Royals double-header
Co-signing a student loan would affect you in what way?
--Your credit score is likely to decline slightly because your score is pulled and a credit inquiry is reported.
--Your credit score is likely to improve if the student makes all payments on-time.
--Your credit score is likely to decline if the student makes one late payment.
--Your drinking is likely to increase if Junior majors in medieval art.
A credit score typically measures:
--Attitude toward consumer credit
--Amount of consumer debt
--Resources to pay back loans
--Likelihood you get all your investment tips from the E*TRADE baby
--Four or more correct: You are a Boy Scout who pays every bill early and only borrows the neighbor's hedge clippers.
--Two to four correct: It probably would be better if you let your spouse handle all the money from now on.
--Less than two correct: You are probably a musician, a hobo living down by the river or, possibly, the E*TRADE baby.
(Brian J. O'Connor is an award-winning columnist for The Detroit News. Contact him at email@example.com or visit http://www.funnymoneyblog.com.)