Credit Quiz 6th Grade

Credit Quiz 6th Grade

6th - 8th Grade

16 Qs

quiz-placeholder

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Assessment

Quiz

Business

6th - 8th Grade

Hard

Created by

Justin Devose

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to borrow money with the agreement to pay it back later.
Credit Card
Credit
Credit Score
Credit Karma

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debit shows businesses whether or not you're able to buy a car.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way to increase your credit score?

Use your Debit card to make large purchase

Have a parent co-sign your debit card application

Pay your credit card bill on time

Keep a high balance on your credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many credit bureaus are there?

One

Two

Three

Four

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The maximum amount your allowed to spend on a credit card is called

Debt Ceiling

Credit Floor

Credit Limit

Debit Limit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit card statments do not show monthly transactions

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit Score range is 300 to ____________.
800
875
785
850

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