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30 seconds
1 pt
True or False: Negative information stays on your credit report for 7-10 years.
True
False
Multiple Choice
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30 seconds
1 pt
A plastic payment card linked to a financial account and is used for transactions.
Debit Card
Credit Card
Checking Account
Savings Account
Multiple Choice
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30 seconds
1 pt
The actions of depositing and withdrawing money.
Microtransactions
Saving Money
Transactions
Shoe Laces
Multiple Choice
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30 seconds
1 pt
To put money into an account.
Deposit
Withdraw
Savings for a chicken
Interest for a cow
Multiple Choice
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2 minutes
1 pt
Which bank is better for me? I pay for lunch 20 times a month with my debit card. I do not write checks or use the ATM.
State Bank
Bank of Texas
Multiple Choice
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2 minutes
1 pt
What would be my monthly costs if I chose to bank at Bank of Texas and use my debit card 20 times to pay for lunch?
$10.00
$2.00
$20.00
$4.00
Multiple Choice
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30 seconds
1 pt
What is credit?
Money allocated to a specific account for future use by the consumer without borrowing
Goods, services, or money received in exchange for a promise to pay a definite sum of money at a future date
The ability and willingness of an individual to pay back a loan as perceived by the lender
An individual’s character, capital, capacity, collateral and conditions
Multiple Choice
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30 seconds
1 pt
Amount charged if your payment is received after the billing date
late payment fee
overdue fee
withdrawal fee
loser fee
Multiple Choice
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1 minute
1 pt
Benefits of credit cards include:
safe and convenient, bonuses are offered
allows you to build a positive credit report
needed for reservations and online shopping
all of these
Multiple Choice
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30 seconds
1 pt
Your credit score is not configured off of which of the following:
Payment history
Amount owed
GPA
Length of credit history
Multiple Choice
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30 seconds
1 pt
What is the starting balance on this check register?
4720.33
4500.00
4500.75
4320.00
Multiple Choice
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30 seconds
1 pt
What was the balance of the account at the end of the day on 7/24?
4720.33
4320.03
5091.15
4500.75
Multiple Choice
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30 seconds
1 pt
Besides tuition, most colleges also charge their students for...
room & board
extra fees
books
all of the above
Multiple Choice
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30 seconds
1 pt
Scholarships and grants are available for many college students, and they...
have deferred payment
give students a job to help pay
don't have to be paid back
have a low interest rate
Multiple Choice
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30 seconds
1 pt
What degree provides the highest earning potential in pay?
High School Diploma
Associate's Degree
Undergraduate Degree
Master's Degree
Multiple Choice
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30 seconds
1 pt
If a person with a master's degree earns 30% more than someone with an undergrad degree, what would Susie make if she got her master's and she makes $50,000 now?
$166,666
$65,000
$50,030
Multiple Choice
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30 seconds
1 pt
True or False: The number of times a DEBIT card is used is on a credit report.