Unit 3 Lesson 4 QUiz

Unit 3 Lesson 4 QUiz

6th - 8th Grade

10 Qs

quiz-placeholder

Similar activities

Credit Card

Credit Card

6th - 12th Grade

12 Qs

Personal Finance - Credit and Debt

Personal Finance - Credit and Debt

6th - 8th Grade

15 Qs

Financial Literacy Quizlet ~ Vocab Test

Financial Literacy Quizlet ~ Vocab Test

6th Grade

15 Qs

Financial Management Quiz

Financial Management Quiz

8th Grade

10 Qs

Financial Literacy

Financial Literacy

7th - 12th Grade

7 Qs

Banks

Banks

2nd - 12th Grade

11 Qs

Life skills: Grocery shopping

Life skills: Grocery shopping

1st - 6th Grade

10 Qs

Unit 2: Credit, Debt and Interest

Unit 2: Credit, Debt and Interest

8th Grade

13 Qs

Unit 3 Lesson 4 QUiz

Unit 3 Lesson 4 QUiz

Assessment

Quiz

Life Skills

6th - 8th Grade

Medium

Created by

JOEY BOOZER

Used 4+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A record of a person's financial information, previous addresses, social security #, current and previous employers, credit card accounts & balances, and loan information is known as:

credit score

credit report

credit card statement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A credit card statement shows the new balance, maximum payment due, and payment due date.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A standardized measurement of the potential to repay a debt is called:

credit report

credit card statement

credit score

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit card agencies keep records on a consumer's credit experience.

False

True

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you are a responsible borrower, you will have a poor credit rating, otherwise you would have a good one.

False

True

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lenders need a way to understand the financial risk of using a line of credit.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are two ways prospective lenders access the likelihood of a consumer loan being repaid on time and in full. Check all that apply

Credit Worthiness & Credit Card Statement

Credit Card Statement

& Credit Score

Credit Report & Credit Card Statement

Credit Score

& Credit Report

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?