Loans Quiz
Quiz
•
Business
•
11th - 12th Grade
•
Practice Problem
•
Medium
Dave Gledhill
Used 3+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these services is NOT offered by a pawnbroker?
Collateral Loans
Buying/Selling Valuables
Item Valuation
Horse Racing Tips
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the average representative interest rate (APR) offered on a loan by a high street bank?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the bartering video that we watched, which of these was NOT an item sold?
UK Medals
Prison Tokens
Gold Watch
Dunhill Clock Lighter
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these are NOT a reason why someone might use a pawnbroker?
Poor credit rating
Favourable interest rates on a loan
They may be a reseller
Quick access to cash
5.
DRAW QUESTION
2 mins • 1 pt
Draw the pawnbrokers symbol.

6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a payday loan called a "Payday Loan"?
You get it when you get paid.
It's like a second payday.
It is intended to be paid back in a short space of time - eg, on payday.
It's named after that console game where you rob banks and stuff.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An item put down for safekeeping in return for a loan is called...
Collateral
Colloquial
Convivival
Con Air
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