FinLit 101

What things should you consider when opening a checking account? 

True /False: If you don't pay the balance on your credit card it has no effect on your credit. 

A credit score of 730+ is considered? 

True or False: Having good credit or a good credit score, the more money you save on interest.

TCF, Wells Fargo, and Minnco Credit Union are all examples of? 

Which is NOT one of the 3 national bureaus that monitors credit?

A bank account in which you can withdraw money by writing checks or using a debit card. 

True or False: Your ability to obtain credit is based on your credit history.  

Using the image below, which number refers to the routing number on a check? 

Which of the following is NOT a free budget app that you can download to help with budgeting. 

A record of your credit accounts, your payment history, & the how you manage each account.

The ability to obtain the goods or services you want now by promising to pay for them later. 

Which is NOT a method used for establishing credit?

True or False:Phase 1 of making a good budget is assessing your personal & financial situation.

True or False: ALL BANKS REQUIRE A MINIMUM BALANCE TO OPEN A CHECKING ACCOUNT.