Financial Literacy Review

Rewards are often offered for their use.

• Credit Card

• Debit Card

Customers must be approved to be issued a card.

• Credit Card

• Debit Card

Total amount of money available to spend on purchases is based on your credit limit.

• Credit Card

• Debit Card

Funds are withdrawn directly from a checking account.

• Credit Card

• Debit Card

Money is borrowed and must be paid back.

• Credit Card

• Debit Card

Does NOT charge interest.

• Credit Card

• Debit Card

A credit report contains:

• Amount of credit cards.

• Medical History.

• Your favorite ice cream.

A credit report contains:

• Amount of money owed on credit cards.

• High School Grades.

• Where you have traveled out of the country.

A credit report contains:

• Amount of missed payments on a loan.

• Your hobbies.

• A list of your exes.

Match the following ways to pay for college.

• Money that does not need to be repaid.

• Work-study program

• Personal money that an individual saves

• Student loan

• A college job that helps pay for school.

• Savings plan

• Money that is borrowed and will have to

• Grant