Buy Now Pay Later
FAMOUS SLOGANS
MONEY AROUND THE WORLD
100
TRUE OR FALSE?
BUY NOW PAY LATER MEANS YOU CAN PURCHASE AN ITEM, FOR EXAMPLE, A DRYER OR FURNITURE, WITHOUT HAVING TO PAY FOR IT IN FULL RIGHT AWAY.
TRUE
100
RICE KRISPIES CEREAL
100
WHICH $ CURRENCY IS USED IN THE UNITED STATES?
AMERICAN DOLLAR
200
THERE ARE 2 TYPES OF BUY NOW PAY LATER PLANS
EQUAL PAYMENT PLAN - MEANS YOU MAKE REGULAR PAYMENTS BASED ON AN AGREEMENT THAT SETS OUT THE MINIMUM AMOUNT YOU HAVE TO PAY, HOW OFTEN YOU HAVE TO PAY AND ???
HOW FREQUENTLY YOU HAVE TO PAY
GEORGE'S STORY
200
FINGER LICKIN GOOD
200
WHICH $ CURRENCY IS USED IN ENGLAND?
POUND STERLING
300
THE CONTRACT SIGNED WHEN YOU BUY NOW PAY LATER WILL INCLUDE INFORMATION ABOUT PAYMENTS YOU HAVE TO MAKE. WHICH OF THE FOLLOWING CHOICES IS INCLUDED?
HOW FREQUENTLY YOU NEED TO MAKE A PAYMENT, for example, every month
THE DATE OF THE RAFFLE FOR A FREE STOVE THAT THE STORE IS HOLDING - YOUR NAME IS ENTERED AUTOMATICALLY
THE NUMBER OF PAYMENTS YOU HAVE TO MAKE OVER THE TIME PERIOD, for example, 12 payments over a one year period
HOW FREQUENTLY YOU NEED TO MAKE A PAYMENT, for example, every month
THE NUMBER OF PAYMENTS YOU HAVE TO MAKE OVER THE TIME PERIOD, for example, 12 payments over a one year period
300
Lay’s: “Betcha can’t eat just one.”
300
WHICH $ CURRENCY IS USED IN GERMANY?
EURO
400
YOU HAVE ONE YEAR TO MAKE MONTHLY PAYMENTS FOR THE WASHING MACHINE THAT YOU BOUGHT. YOU HAVE BEEN PAYING FOR ELEVEN MONTHS, BUT SUDDENLY YOU MISS THE LAST PAYMENT. WHAT WILL HAPPEN?
CAN YOU JUST EXTEND THE CONTRACT BY ONE MONTH OR CAN YOU PAY TWO MONTHS AT A TIME TO CATCH UP?
IF YOU MISS A PAYMENT, EVEN IF IT IS THE LAST PAYMENT, THE CONTRACT IS AUTOMATICALLY CANCELLED AND YOU NOW OWE THE FULL AMOUNT PLUS THE INTEREST FROM THE DAY YOU PURCHASED THE ITEM.
400
Nike: “Just do it.”
Nike: “Just do it.”
400
WHICH $ CURRENCY IS USED IN JAPAN
JAPANESE YEN
500
THERE ARE 2 TYPES OF BUY NOW PAY LATER PLANS
TRUE OR FALSE?
DEFERRED PAYMENT PLAN In a deferred payment plan, you must pay the balance you owe by the due date.
TRUE
SALLY'S STORY
500
