Credit!

Credit!

9th - 12th Grade

20 Qs

quiz-placeholder

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Credit!

Credit!

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

John Dailey

Used 6+ times

FREE Resource

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit score?

What lenders use to see if you are able to pay back credit
3 numbers
What your score on a test is that was worth credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is your job as a borrower?

To pay back your loans promptly
To borrow as much as humanly possible
Spend your loans and not pay them back

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an ADVANTAGE of credit?

No need for carrying cash
Annual Fees
Interest Rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of credit is a credit card?

Single-Payment
Installment Credit
Revolving Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does APR mean?

Average Person Ratio
Annual Percentage Rate
Always Poke Robots
Apples Peas & Rice

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a credit card?

The ace of diamonds

A large plastic card designed to ruin consumer's finances

A small plastic card issued by the government attached to a line of credit

A small plastic card issued by a bank and attached to a line of credit

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

privilege of using someone else's money for a period of time is ?

budget accounts
credit
finance charge
installments

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