Credit Basics
Flashcard
•
Life Skills, Other
•
10th Grade
•
Practice Problem
•
Easy
Deborah Ferries
Used 1+ times
FREE Resource
Student preview

26 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Dangers of credit (EXCEPT): Overspending, Can be dangerous in tough economic times, Can increase your financial options, Can be expensive
Back
Can increase your financial options
2.
FLASHCARD QUESTION
Front
True or False: Credit can lead to overspending.
Back
True
3.
FLASHCARD QUESTION
Front
Factors to consider when taking out a loan: Length of the loan, Total Cost of the loan, Impact of the monthly payment on your budget, How much time it takes to receive the loan.
Back
How much time it takes to receive the loan
4.
FLASHCARD QUESTION
Front
How do you ruin your credit?
Back
Not pay your bills
5.
FLASHCARD QUESTION
Front
Which of the following would IMPROVE your credit score? Options: Closing out old credit cards, Paying off your credit card bill, Using a large portion of your credit limit, Opening a new savings account.
Back
Paying off your credit card bill.
6.
FLASHCARD QUESTION
Front
Interest is:
Back
The amount owed for borrowing money
7.
FLASHCARD QUESTION
Front
The "term" is the initial amount of money borrowed in a loan.
Back
False
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
18 questions
Vocabulary Flashcard on Evolution and Biodiversity
Flashcard
•
10th Grade
17 questions
LESSON 8-Treasury Operations
Flashcard
•
KG
20 questions
Ionic Naming and Formula Writing
Flashcard
•
10th Grade
18 questions
Grade 9 SS - CH 3 Charter of Rights & Freedoms
Flashcard
•
9th Grade
18 questions
Grade 9 SS - CH 3 Charter of Rights & Freedoms
Flashcard
•
9th Grade
26 questions
Day 1
Flashcard
•
KG
25 questions
PHYSICAL SCIENCE SUMMATIVE TEST Q4
Flashcard
•
11th Grade
19 questions
Home Vocabulary Flashcards
Flashcard
•
KG
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Life Skills
20 questions
Investing
Quiz
•
9th - 12th Grade
20 questions
Career
Quiz
•
9th - 12th Grade
20 questions
Paying for College
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
20 questions
Budgeting
Quiz
•
9th - 12th Grade
20 questions
Insurance
Quiz
•
9th - 12th Grade
20 questions
Managing Credit
Quiz
•
9th - 12th Grade
7 questions
Personal Finance - Financial Literacy Unit
Lesson
•
9th - 12th Grade