How to Get and Keep Credit

How to Get and Keep Credit

9th - 12th Grade

20 Qs

quiz-placeholder

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How to Get and Keep Credit

How to Get and Keep Credit

Assessment

Quiz

Professional Development

9th - 12th Grade

Hard

CCSS
RI.9-10.4, 6.RP.A.3C, 7.RP.A.3

+9

Standards-aligned

Created by

Steven Howard

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The amount charged if your payment is received after the billing due date.

late payment fee
overdue fee
withdrawal fee
loser fee

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The maximum amount you are allowed to carry as a balance on the card

interest
ARP
credit limit
all of these

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

This is a fee that some, but not all, credit card issuers charge to use their credit card.

APR
annual fee
monthly fee
non-sufficient funds fee

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The amount you must pay on a credit card, based on a percentage of the outstanding balance.

minimum fee
minimum payment
monthly statement
minimum monthly interest charge

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Benefits of credit cards include:

safe and convenient, bonuses are offered
allows you to build a positive credit report
needed for reservations and online shopping
all of these

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does APR stand for?

American Peoples Reports
Annual Progress Report
American Percentage Rate
Annual Percentage Rate

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A lower APR provided by a credit card company for a limited period of time.

introductory rate
penalty rate
maximum rate

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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