Credit

Credit

12th Grade

16 Qs

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Credit

Credit

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Doug Kelly

Used 1+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Credit?

Protection in case you get into an accident.

Borrowing money with the understanding that you will pay it back later.

A bank account.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which option would you NEED to use a Credit Card?

Buying something at the store.

Paying back your friend.

Buying someting on Amazon.com

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is the most important thing we have told you about using a credit card?

Paying off the card each month

Paying off the card each month

Paying off teh card each month

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is NOT reason to use a credit card?

Easier

You can buy someting online.

Cause you can't afford it.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way Credit card companies reward cardholders?

Airline miles

Paying off your student loans.

New Shoes.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if you don't pay your credit card off each month.

Nothing

You get charged interest.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Credit Score?

A record of how much you spend on your credit card.

A score that reflects your credit history.

A song about Credit.

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