Credit Cards

With a credit card you can _______ your purchase instead of using cash for the things you buy.

• charge

• carge

• charje

• charg

VISA, Discover, American Express and Mastercard are _______.

• some major credit card companies

• all of the credit card companies

• some minor credit card companies

• great places to eat

Credit cards are good for emergencies.

• True

• False

Each month you will get a ______ that will tell you how much you have charged on your credit card.

• statement

• statemint

• statment

• statmint

• stately

If you pay off your credit card balance every month you won't have to deal with _________.

• interest charges

• intrst charges

• interist charges

• internship charges

Interest is a fee you pay to the credit card company if you pay less than you owe.

• True

• False

It is easy to get carried away when you pay with a credit card instead of cash.

• True

• False

Credit is a way to buy now and pay later.

• True

• False

Using a credit card is like taking out a loan.

• True

• False

It's easy to get into trouble using a lot of credit cards.

• True

• False