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Authored by Erik Villagomez
Social Studies
12th Grade
CCSS covered
Used 207+ times

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29 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The least amount that must be paid on a credit card each month is
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
How can a cardholder avoid paying interest on a credit card?
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
It is best to pay more than the minimum due on your credit card.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
It would be best to have a high credit score
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A credit report is a report showing a borrower's history of how well they paid their bills.
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Only making the minimum payment on a credit card every month will:
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
You charge $500 on each of your two credit cards. One is American Express with an interest rate of 15.99%. The other is Chase Sapphire with an interest rate of 20.99%. Assuming that you are only making the minimum payment of $25 to each of the credit card companies, which card will you pay off first
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