finance

finance

9th - 12th Grade

59 Qs

quiz-placeholder

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Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Easy

Used 2+ times

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59 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest and fees you pay on a credit card balance


installment credit

credit report

collateral

finance charges

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Getting service and paying for them later


service credit

finance charges

secured loan

revolving credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new loan arrangement that allows you to make reduced payments, usually on a temporary basis


loan modification

debt consolidation

payday loan

home equity loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A service to help consumers manage credit and avoid bankruptcy


debt consolidation

credit bureau

credit manamgement

credit counseling

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A number that represents the risk a lender takes when you borrow money


revolving credit

credit card

bankruptcy

credit score

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Plastic card linked to a credit account that can be used to make purchases


payday loan

credit score

revolving credit

credit card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A penalty charged when you fail to make your minimum payment by the assigned due date


over the limit fee

late fee

annual fee

finance cahrges

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