Credit + Credit Cards
2 years ago
wbeltz
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10 QuestionsShow answers
  • Question 1
    30 seconds
    Q. What is a credit score?
    answer choices
    What lenders use to see if you are able to pay back credit
    3 numbers
    What your score on a test is that was worth credit
  • Question 2
    30 seconds
    Q. What is your job as a borrower?
    answer choices
    To pay back your loans promptly
    To borrow as much as humanly possible
    Spend your loans and not pay them back
  • Question 3
    45 seconds
    Q. What is credit?
    answer choices
    When one party provides money/resources to another party with the intention money gets paid back
    What you get when you finish a test and Mr. Beltz puts it in the gradebook
  • Question 4
    30 seconds
    Q. Which of the following is an ADVANTAGE of credit?
    answer choices
    No need for carrying cash
    Annual Fees
    Interest Rates
  • Question 5
    30 seconds
    Q. What type of credit is a credit card?
    answer choices
    Single-Payment
    Installment Credit
    Revolving Credit
  • Question 6
    30 seconds
    Q. What type of credit payment would CFU be?
    answer choices
    Revolving Credit
    Single-Payment
    Installment Credit
  • Question 7
    30 seconds
    Q. What does APR mean?
    answer choices
    Average Person Ratio
    Annual Percentage Rate
    Always Poke Robots
    Apples Peas & Rice
  • Question 8
    30 seconds
    Q. What type of loan does Mr. Beltz have to pay off
    answer choices
    Car
    Home
    Phone
    Student
  • Question 9
    30 seconds
    Q. When should you use a credit card?
    answer choices
    For large purchases!
    When I'm hungry
    Only for small purchases
    Never.
  • Question 10
    30 seconds
    Q. What is a good way to build credit?
    answer choices
    Get a co-signer for a loan
    Only use cash
    Use checks everywhere
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