Credit Cards

Quiz
•
Business
•
12th Grade
•
Easy
Joseph Agundez
Used 105+ times
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A credit card represents
A Line Of Credit
Free Money
Is The Same As A Debit Card
All Of The Above
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The advantage of a credit card is the
Purchase protections
Recorder keeping ability
Lost or stolen safeguards
All of the above
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
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
Create a free account and access millions of resources
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