Credit Card and Debt #4
Quiz
•
Social Studies
•
11th - 12th Grade
•
Easy
Mrs. Alfieri
Used 7+ times
FREE Resource
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7 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 2 pts
According to the text, if you use a credit card responsibly, it can:
(CHOOSE ALL THAT APPLY)
become a useful tool for you
stop you from having to carry so much cash
provide protection for you as a consumer
stop you from being targeted for fraud
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Credit card owners are protected against fraudulent charges if a card is lost/stolen, as long as they:
(*8 words, directly from the text, spelling counts!)
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What can a credit card allow you to keep track of? *2 words
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Keeping tracking of your expenses is beneficial because:
it can help with your credit score
it can help with your monthly payment amount
It can help with maintaining a budget
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What does "purchase protection" for a credit card provide?
(*1 word, hint: we recently covered this topic)
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
If you use a credit card responsibly, what can it help you establish and build?
(*2 words, directly taken from the text, spelling counts!)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most credit card companies offer benefits and rewards. The more you use the credit card, the more rewards you gain. However, we should be cautious because:
the rewards are only valid if you pay off your balance completely each month
the rewards are only valid if you have a high line of credit
the rewards are only valid if you pay your bill on time each month (in full or partial payments)
the rewards are only valid if you open another credit card within 3 years
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