Credit Quiz

Another name for credit score is your...

• FHA

• FIFA

• FICO

• FENDI

Credit cards pay for your purchases, you pay the...

• Police

• Bank

• Purchases

• Fee

You cannot spend more than this amount, this is your credit...

It is good to keep your credit utilization under what percent

Your credit card bill is due every...

• week

• 2 weeks

• Month

• Year

If you do not pay your credit card bill on time, you will be charged...

• Lawyer fees

• Interest

• Governmental tax

• State tax

APR stands for

• A pregnant rhino

• Annual prescription records

• Annual percentage rate

• Annual progress record

Never charge more on the card than you can pay back each month.

• TRUE

• FALSE

If you have a outstanding balance try and pay it down as quickly as possible.

• TRUE

• FALSE

A secured credit card allows you to...

• spend as much money as you want

• Only spend money that you have

• spend as much money as you want as long as you pay it back.

• not have a credit limit