Financial Literacy 5.10C

This form of payment can be sent through the mail.

• Check

• Credit Card

• Debit Card

• Electronic payment

With this form of payment, you can build up hundreds or thousands of dollars of interest if you only make the minimum payment.

• Credit card

• Debit card

• Check

• Electronic payment

This form of payment cannot be used to make on-line purchases.

• Check

• Credit card

What form of payment allows you to pay for an emergency situation, even if you don't have the money available in your account at the time?

• Credit card

• Electronic payment

Which form of payment is LEAST convenient to use?

• Check

• Electronic payment

• Credit card

Which form of payment is most likely protected by a PIN (personal identification number)?

• Debit card

• Electronic payment

• Check

Which forms of payment can you be charged a fee if you don't have the money available in your account to cover the payment?

• Check

• Debit Card

• Electronic payment

• All of the above

For which form of payment will you get a bill or statement, asking you to pay for charges monthly?

• Check

• Credit card

• Electronic payment

Which form of payment requires you to fill out an application, and has annual fees?

• Credit card

• Electronic payment

• Check

Which form of payment can be lost or stolen, and need to be replaced?

• Check

• Credit card

• Debit card

• All of the above