Credit Cards and Loans Test review
Authored by GINA LEE
others
9th Grade
Used 5+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
A credit card does not have to be paid back.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
A loan does not have to be paid back.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
A debit card does not have to be paid back.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Paying the minimum on a loan is the best way to pay off the loan quickly.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Using a credit card to complete all of your purchases is a smart financial plan.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Your debit card is money that is given to you in a loan.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Your checking account and debit card take money out of the same account.
True
False
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