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Credit

Authored by Nicole Clark

Special Education

9th - 12th Grade

Used 4+ times

Credit
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9 questions

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1.

OPEN ENDED QUESTION

5 mins • 5 pts

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Discuss with your group before answering the question.

How is "Purchasing Power" an advantage of using credit? (2-3 sentences)

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Answer explanation

Look at you notes

2.

OPEN ENDED QUESTION

3 mins • 5 pts

Discuss with your group before answering the question.

What is a danger of overspending?

(2-3 sentences)

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Answer explanation

(Use your notes)

3.

OPEN ENDED QUESTION

3 mins • 5 pts

Discuss with your group before answering the question.

Why are interest and fees a disadvantage? (2-3 sentences)

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4.

OPEN ENDED QUESTION

3 mins • 5 pts

Discuss with your group before answering the question.

What do you feel is the biggest advantage of credit? Explain your choice in detail. (3-4 sentences)

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5.

DRAG AND DROP QUESTION

1 min • 5 pts

Choose are the 3 advantages to credit​ in the correct order ​ ​ (a)   ​ (b)   ​ (c)  

Purchasing Power
Convenience
Emergency Fund
Overspending
Interest and Fees
Mounting Debt
Fraud

6.

DRAG AND DROP QUESTION

1 min • 5 pts

What are the 4​ disadvantages of credit in order?​ (a)   ​ ​ (b)   ​ (c)   ​ (d)  

Overspending
Interest and Fees
Mounting Debt
Fraud
Purchasing Power
Convenience
Emergency Fund

7.

OPEN ENDED QUESTION

3 mins • 5 pts

Discuss with your group before answering the question.

What is the difference between a credit report and a credit score?

(2-3 sentences)

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