Financial Literacy Review

Which situation describes the use of a debit card?

Does this describe a credit card, debit card, or both. "May pay for purchases over time"

If William averages 30 debit card transactions per month, which bank should he choose?

Does this describe a credit card, debit card, or both. "May have a credit limit on your card"

Does this statement describe a credit card, debit card, or both. "Uses a PIN"

Which of the following are ways to pay for college that you do not have to pay back.

What is 10% of $25,600

Does this describe a credit card, debit card, or both. "May be charged interest for purchases"

Which would not be in your credit report and determine you receiving a possible loan?

Does this describe a credit card, debit card, or both. "money is removed from your account"

Does this statement describe a credit card, debit card, or both. "Small, Plastic Card"

What is 10% of $109,472