Credit Unit Review

Quiz
•
Business
•
9th - 12th Grade
•
Medium
+3
Standards-aligned

Jennifer Lehmann
Used 3+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Which of the following details would NOT be included in a Schumer Box?
APR
Late Penalty Fees
Balance Transfer Fees
Credit Score
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does APR stand for?
Annual Percentage Rate
Accelerated Points Rate
Annual Points Rate
Accelerated Percentage Rate
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Which one of the following is NOT a credit reporting company?
TransUnion
Experian
Equifax
Credit Karma
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
You have NO power to change your credit report if it's incorrect.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the smallest amount you MUST pay towards your credit card balance each month?
Current balance
Total due
Interest accrued
Minimum payment
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a 3 digit number, between 300-850, that summarizes your credit worthiness?
APR
Credit Score
Minimum Payment
SAT Score
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following does NOT affect your credit score?
Your Age
Payment History
Use of Credit
Length of Credit History
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