Consumer Credit Quiz One

Consumer Credit Quiz One

12th Grade

13 Qs

quiz-placeholder

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Consumer Credit Quiz One

Consumer Credit Quiz One

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

Beth Shepard

Used 8+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which verse tells us "the borrower is a servant to the lender"?

Proverbs 22:7

Romans 13:8

Deuteronomy 15:6

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which verse tells us "thou shalt not borrow"?

Proverbs 22:7

Romans 13:8

Deuteronomy 15:6

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which verse tells us we should "owe no man for anything".

Proverbs 22:7

Romans 13:8

Deuteronomy 15:6

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Check all that apply to "90 days same as cash"

some believe it can be a form of stewardship

it is a way to make a large purchase without paying interest

it is a form of investment borrowing

it assumes on an uncertain future

5.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

________ transactions are those that you expect to make and pay on a regular basis.

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

You are overextended if your credit payments are more than ___% of your take home pay.

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Any unexpected expense or an emergency expense is known as a _____.

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