A credit card represents

• A Line Of Credit

• Free Money

• Is The Same As A Debit Card

• All Of The Above

A line of credit is?

• How many credit cards you have?

• A set amount of money that you are allowed to borrow

• The money you have in your bank account

• None of the above

Falling into serious credit card debt

• Only happens to those that lose their jobs

• rarely happens to people

• Can easily occur and happens to millions of Americans

• None of the above

The way you can stay out of credit card debt is

• By limiting the number of credit cards you have

• Don't buy anything you can't afford

• By keeping track of your balance

• All of the above

The advantage of a credit card is the

• Purchase protections

• Recorder keeping ability

• Lost or stolen safeguards

• All of the above

The main reason why people fall into serious credit card debt is

• Irresponsible spending habits

• Because they don't make enough money

• Because they lose their job

• All of the above

When shopping around to obtain a credit card, it is important to make sure it has

• high interest rate

• Fancy perks and rewards program

• A high popularity rating

• Low interest rates and low fees

When you have a credit card you should

• Use it often for cash advances

• Buy what you need and want

• Only buy what you can afford

• All of the above

A fee that you have to pay every year for using the credit card

• Foreign Transaction Fee

• APR

• Annual Fee

• Cash Advance Fee

This fee occurs when you buy something in another country

• APR

• Cash Advance Fee

• Over-the-limit fee

• Foreign Transaction Fee