JA Finance Park - Debit and Credit

Who uses financial institutions.

• Moms

• Dads

• Everyone who makes money

• All of the above

Buy now pay now refers to:

• Debit card

• Credit Card

• Bank Statement

• Financial Institution

An example of a financial institution is:

• an ATM

• a school

• a bank

• a department store

Online banking is:

• only done through an app

• only available to online banks

• only available to brick and mortar banks

• none of the above

From page 47 in your book what are some safety measures to keep your online banking safe:

• Verify website security

• Have a strong password

• Keep online receipts

• All of the above

A credit union is a for profit business

• true

• false

A credit card provides pre approved credit.

• true

• false

Internet banking means going to a branch to conduct business;

• true

• false

The higher your credit score the higher the risk to a lender.

• true

• false

Identity theft is a threat to anyone with a good credit rating.

• true

• false