
Credit Practice I
Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
sharon landgraf
Used 10+ times
FREE Resource
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36 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 2 pts
Interest rate charged for balances on a credit card.
APR
Principal
Collateral
Fees
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Users borrow money on the card and pay it at a later time
Credit
Debit
Both
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does APR mean?
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is a good way to build credit?
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Amount charged if your payment is received after the billing date
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage of having a credit card?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when you don't have enough money to pay for the things you charged?
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