Financial Literacy

A card that can be used to borrow money from financial institutions.

payments using security features on the Internet

a bankcard linked to an individual’s checking account

The study of banking and money in this unit is called

What is the current amount of money in an account? Options: Certificate of deposit (CD), Loan, Transaction, Balance

(6.14C) Options: $175.25, $25.25, $632.65, $482.65

Julio paid $35.92 for gasoline with his debit card. What happens to his linked account?

Why is it important to establish positive credit history?

How long will a negative credit action usually remain on a credit report? Options: 4 years, 7 years, 10 years, 15 years

Carlos had an original balance of $418.77 in his checking account. He then wrote one check for $199.81. Which check amount below would cause an overdraft of his account after writing the check for $199.81? Options: $199.81, $218.96, $209.91, $219.75