Personal Finance - 4.1 Beware of Credit and Debt
Authored by Dawn Hester
Mathematics, Life Skills
9th - 12th Grade
Used 9+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money owed to another person or company...
debt
credit
collateral
equity
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
"I'd rather go to bed (a) than rise in debt."
Benjamin Franklin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There were credit cards prior to 1958...
true
false
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is okay to co-sign for close and reliable friends
true
false
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People under the age of 18 cannot legally get their own credit card...
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What year did Sallie Mae introduce student loans?
1972
1958
1970
1971
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Good debt is okay because it will help you get a good paying career...
true
false
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