Credit_RCU

Credit_RCU

12th Grade

53 Qs

quiz-placeholder

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Credit_RCU

Credit_RCU

Assessment

Quiz

Social Studies

12th Grade

Easy

Created by

Scott Marsden

Used 32+ times

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53 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of credit would be a credit card?

Revolving

Service

Installment

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of credit would be a mortgage?

Revolving

Service

Installment

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of credit would be an auto loan?

Revolving

Service

Installment

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

_____credit is credit extended in the form of services, like utilities. Examples of ______credit include heat, electricity, water, phones, and similar services

Revolving

Service

Installment

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the credit market, who is the supplier?

Buyers

Consumers

Lenders

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the credit market, who is the demander?

Credit card company

Bank

Lenders

Borrowers

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For a high school senior who is 17, what is the BEST way to build your credit?

Get a credit card

Get a debit card

Become an authorized signer on a parent's credit card

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