Finance Quiz

Someone who want to buy a flat is likely to need a?

• Mortgage

• Credit Card

• Student Loan

• Bank Account

A current account might be better than a savings account if...

• You want you money to be secure

• You don't have much money to save

• You want to bank online

• You need access to your money straight away

Who arranges student loans?

• Banks

• Universities

• A student loan company

• Insurance companies

With a pay as you go mobile plan...

• Your parents pay the bill

• You are tied into a contract

• You get a monthly bill

• You buy the phone upfront and pay to use it

What is a pension?

• A payment made to someone who has retired

• Money in a savings account

• A discount card for retired people

• A type of student loan

What is AER

• A student loan company

• A pension company

• A way of comparing interest rates

• An insurance form

What are credit cards used for?

• To provide a loan to buy a property

• To buy something and pay it back later

• To travel on public transport

• To only let you spend money you have

What is a Debit card used for?

• Opening a bank account

• Borrowing large amounts of money

• To get store loyalty points

• Withdraw money from a cash machine

Who pays the State Pension?

• The Government

• Charities

• The Pensions Company

• Employers

Why do you have to take out insurance?

• To set up a business

• To manage risk

• To make online purchases

• To make money