Free Printable WorksheetMathGrade 6Math Curriculum6.114

6.114 Explain How Credit History and Credit Reports Affect Borrowers and Lenders Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Grade 6 Math worksheet provides structured practice on 6.114 Explain How Credit History and Credit Reports Affect Borrowers and Lenders. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Which answer choice correctly identifies why credit history matters and what information is found in a credit report? (TX 19 TAC §111.26(b)(14)(A)-(H))

Whether you are an educator preparing classroom handouts, a tutor reinforcing weekly topics, or a parent supporting homeschool learning, this printable resource gives students the deliberate practice required to achieve subject fluency and master state standards.

Grade

Grade 6

Subject

Math

Domain

Math Curriculum

Formats

PDF & DOCX

Sample Practice Problems

Preview the types of problems and questions covered in this worksheet

Below are sample questions representative of the exercises included on this worksheet and related 6.114 Explain How Credit History and Credit Reports Affect Borrowers and Lenders skill assessments:

Problem 1Difficulty: Mastery

A lender's guideline says: "No more than 2 new accounts opened in the last 12 months." A credit report lists these open dates for new accounts: Feb 2025, Aug 2025, Nov 2025, and Dec 2023. Assuming today is Jan 2026, how many of these accounts were opened in the last 12 months? Enter a number.

Solution & Explanation:Within the last 12 months (Jan 2025 to Jan 2026), the accounts opened in Feb 2025, Aug 2025, and Nov 2025 count. Dec 2023 is older. Total = 3.

Problem 2Difficulty: Mastery

A credit report shows an account with the note "settled for less than full balance." Why could this note affect future borrowing?

AIt means the account never existed.

BIt suggests the debt was not repaid in full as originally agreed, which can increase perceived risk.

CIt proves the borrower saved extra money, so risk is always lower.

DIt only affects the borrower's phone bill and nothing else.

Solution & Explanation:Settling for less than owed indicates the original terms were not fully met, which can be seen as negative repayment history.

Problem 3Difficulty: Mastery

Credit report summary (revolving): Limits: $2,000, $2,000, $1,000 Balances: $1,000, $1,600, $300 How many dollars must be paid in total to get overall utilization down to 30% or less? Enter dollars.

Solution & Explanation:Total limit = 2,000 + 2,000 + 1,000 = 5,000. 30% of 5,000 is 1,500. Current total balance = 1,000 + 1,600 + 300 = 2,900. Reduce balance by 2,900 − 1,500 = 1,400.

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Frequently Asked Questions

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QHow do I download and print this 6.114 Explain How Credit History and Credit Reports Affect Borrowers and Lenders worksheet?

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QWhat grade level and standards does this worksheet align with?

This worksheet is designed specifically for Grade 6 Math students. It aligns with educational standard 6.114 (Explain How Credit History and Credit Reports Affect Borrowers and Lenders).