Credit Scores
Credit Cards
Debt
Using credit responsibly
Random
100
What is a credit score?
A. A two-digit number that shows how responsible you use credit
B. A three-digit number that shows how responsible you use credit
C. a report that shows how good you use your credit card
B. A three-digit number that shows how responsible you use credit
100
What is a credit card?
A. A card that lets you borrow money up to a limit to make purchases or pay bills.
B. A card that lets you make direct purchases that come out of your checking
A card that lets you borrow money up to a limit to make purchases or pay bills.
100
What is debt? (You can use it in a sentence)
Debt is money that you owe to someone or a bank
100
True or False: You should pay your credit card bill on time every month.
True
100
What color is a flamingo?
A. Red
B. Orange
C. Pink
Pink
200
What is the correct range of credit scores?
A. 200-850
B. 300-800
C. 300-850
C. 300 to 850
200
What is a minimum payment?
A. The minimum amount you need to pay for your credit card
B. The amount of money you can spend on your card
C. The balance in your credit card account
A. The minimum amount you need to pay for your credit card
200
Which one of these is an example of debt?
A. Debit Card
B. Car loan
C. Credit report
B. Car loan
200
What is one smart reason to use a credit card?
Build your credit
200
How fast can the fastest car in the world go?
A. 250 mph
B. 300 mph
C. 400 mph
B. 300 mph
300
Which factor affects your credit score the most?
A. How many loans you have
B. How many credit cards you have
C. Whether you make your payments on time
C. Whether you make your payments on time
300
What happens if you only pay the minimum balance?
A. Nothing
B. You need to pay interest
C. You pay off your full balance
B. You need to pay interest
300
What is interest?
A. When you like someone
B. Money you have to pay back in addition to the loan
C. A fee for having a low balance
B. Money you have to pay back in addition to the loan
300
True or False: You should never use your credit card just in case you overspend
False
300
What famous actor is this?
A. Robert Durthford
B. Robert Down
C. Robert Downey Jr.
C. Robert Downey Jr.
400
True or False: Checking your own credit score will lower your score a little bit
False
400
What does APR stand for?
A. Annual Percent Refund
B. Annual Percentage Refund
C. Annual Percentage Rate
C. Annual Percentage Rate
400
True or False: Payday loans are a great way to get extra cash when you need it
False
400
How close should you spend to your credit limit?
a. 5%
b. 30%
c. 75%
b. 30%
400
What is Crunchyroll?
An anime streaming service
500
How does having a low credit score impact your ability to get loans? (2 answers acceptable)
You either might not qualify or will have to pay high interest rate
500
What kind of credit card does Ms Hamilton use to get free flights?
A. American Express
B. Chase Sapphire
C. Mastercard Ruby
B. Chase Sapphire
500
What are two methods for tackling debt that we learned about?
A. Snowball and iceberg method
B. Snowball and Everest method
C. Snowball and Avalanche method
C. Snowball and Avalanche method
500
What’s one way to avoid paying interest on your credit card?
Pay the full balance each month
500
Which artist is on the Billboard's top 100 songs right now?
A. Sabrina Carpenter
B. Beyonce
C. Taylor Swift
C. Taylor Swift