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Credit Card IQ Quiz Flashcards | StudBud
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Credit Card IQ Quiz
Credit Card IQ Quiz
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#6th math financial literacy
Flashcards
7 cards
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Practice quiz
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Questions
7
Answers
1
If I pay my credit card in full by the due date, I will not owe any interest.
True
False
2
Credit card companies charge stores a percentage purchased with a credit card.
True
False
3
Credit cards are accepted as cash by stores.
False
True
4
If I pay the minimum monthly payment, then I won’t owe any interest.
False
True
5
My credit report contains information on bills I have not paid.
True
False
6
Most credit cards have a credit limit.
True
False
7
There’s no penalty if I pay my balance after the due date.
True
False