
finance
Quiz
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Easy
Used 2+ times
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59 questions
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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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