cash/ Credit

What are some things that you will use credit for purchase?

• car

• Concert Tickets

• Plane Tickets

• All the Above

What is the current interest rate on a 30 year mortgage loan?

• 7.9%

• 17%

• 19%

• .009%

What is the late fee of a Capital One Credit Card?

• $40

• 40%

• $4

• $400

What is the interest rate of a Capital One credit card?

• 19%-28%

• 20%-29%

• 7.009%

• 15%

What is affected by your credit score when purchasing a car or a Home?

• payment

• interest

• late fee

• Payment/interest

At what age can you get a credit card

• 16

• 18

• 21

• 17

What is the Definition of Debt?

What is a Debt Collector?

What does APR stand For?

• Another Person Rent

• Annual Percentage Rate

• Annual Purchase Rate

• Annual Partial Ration

(APR) refers to the ________ interest generated by a sum that's charged to borrowers or paid to investors.

• monthly

• yearly

• weekly

• Bi-monthly