Credit (Installment/Secured/ Fixed)

Credit (Installment/Secured/ Fixed)

9th - 12th Grade

18 Qs

quiz-placeholder

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Credit (Installment/Secured/ Fixed)

Credit (Installment/Secured/ Fixed)

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Medium

Created by

Damian Lozano

Used 15+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What would an Auto Loan be classified as ?

Installment
Revolving

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What would a Mortgage be classified as ?

Secured
Unsecured

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What rate would a Payday loan be?

Fixed
Variable

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Student loans are considered?

Secured
Unsecured

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Student loans are a fixed rate loan.

True
False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What would credit cards be classified as ?

Installment
Revolving

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What would credit cards be considered?

Installment
Revolving

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