Understanding credit
Flashcard
•
Other
•
6th - 9th Grade
•
Hard
Wayground Content
FREE Resource
Student preview
4 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which one is considered a danger of using a credit card? Options: no cash needed, convenient, earning rewards
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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