Understanding credit

Understanding credit

Assessment

Flashcard

Other

6th - 9th Grade

Hard

Created by

Wayground Content

FREE Resource

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4 questions

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1.

FLASHCARD QUESTION

Front

Which one is considered a danger of using a credit card? Options: no cash needed, convenient, earning rewards

Media Image

Back

paying back more than you borrowed

2.

FLASHCARD QUESTION

Front

What is credit?

Back

Borrowed money

3.

FLASHCARD QUESTION

Front

What is one of the purposes of credit?

Back

To borrow money when you do not have enough to pay for what you want/need

4.

FLASHCARD QUESTION

Front

What is interest?

Back

The extra money that is paid when money is borrowed.

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