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- 1. Multiple Choice
What is debt?
Money that is spent
Money that is owed because of borrowing
Money that you lend to others
- 2. Multiple Choice
Credit means you ________now and ________ it back later.
Borrow, Pay
Pay, Borrow
Pay, Pay
- 3. Multiple Choice
Credit Card is a type of what?
bond
Loan
savings
- 4. Multiple Choice
Types of credit include: Credit card, Installments, Mortgage and
debit card
rewards card
Student Loans
- 5. Multiple Choice
What fee is associated with a car loan
Annual Percentage Rate (APR)
Introductory
Emotional
- 6. Multiple Choice
Select all that is a form of Good Debt
Mortgage
Credit Card
Student loan
Macy's Credit card
- 7. Multiple Choice
What is the best way to manage credit and debt?
use rewards
spend now worry later
Make big purchases
set goals and budget
- 8. Fill in the Blank
Having bad credit can affect what for a person?
- 9. Multiple Choice
Select all the main credit card types
VISA
Mastercard
American Express
Disney
- 10. Multiple Choice
What is a mortgage?
Car loan
business loan
Home loan
- Answer choicesTagsAnswer choicesTags