Credit Basics Review
Authored by LAURA A LAWSON
Social Studies
9th - 12th Grade
Used 8+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: An Auto Loan is an installment plan
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A mortgage is a secured loan
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A federal student loan is a secured loan
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: An auto loan is an unsecured loan
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A credit card is a revolving line of credit
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A mortgage is a revolving line of credit
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A credit card is an unsecure loan
True
False
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