
Foundations in Personal Finance Chapter 4 Debt
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9th - 12th Grade
Used 11+ times

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27 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a factor in determining a FICO score?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a good idea for getting out of debt?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following things cannot be done with a debit card but can be done with a credit card?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factors affect a credit score?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a sign that your identity may have been stolen?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a credit myth?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT recommended in the debt snowball method of getting out of debt?
Every extra dollar you get should be thrown at the largest debt first.
List your debts in order from smallest to largest balance and focus on paying the smallest debt off first.
Attack your debt with intensity.
Every time you pay off a debt, you add its old minimum payment to your next debt payment.
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