Math Stuff to Review

What is a credit card?

• a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

• A card that has a set balance that you can only use at one place.

• A card with the money from your checking account.

• A plastic card to play at Dave and Busters

Tags

CCSS.RI.5.5

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.3

CCSS.RI.7.5

What can you buy or get with a good credit score?

• A house

• A car

• Student Loan

• All of the above

How old to you have to be to apply for a credit card?

• 21
• 18
• 16
• 25

Money is withdrawn directly from a checking or savings account. 

• Credit
• Debit
• Both

Each purchase is a loan that is repaid later.

• Credit
• Debit
• Both

Consumers can purchase items now and pay for them later

• Credit
• Debit
• Both

This cards is convenient to use.

• Credit

• Debit

• Both

Tags

CCSS.RL.4.3

CCSS.RL.5.3

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

Interest may be charged, but can be avoided by paying the entire balance each month. 

• Credit
• Debit
• Both

Which card gets most students in trouble every year?  They spend and spend money they don't have!

• Credit
• Debit

Tags

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

When do you need credit? 

• When you apply for a loan 
• When you apply for a credit card 
• When you apply for a house 
• All of the above