Financial Literacy

Credit card or Debit card: Does not build credit history

True or False: Being late on payments doesn't really affect your credit score

Money borrowed to pay for education is called a _____________.

Credit history contains information about you, what does not appear in your credit history?

Credit card or Debit card: Comes directly out of your bank account

Credit card or Debit card: Can make a purchase without having the money to do so

ATM: Automated Teller ______________

What is the service a bank offers that allows you to check your balance on their website?

Which degree takes four years to earn and is required for teachers and nurses?

Taking funds out of an account

True of False: Banks can charge a late fee if your credit card payment does not arrive on time

Money awarded to students from corporations, non-profits, universities or individuals

People with good credit history... (choose all that apply)

Two ways to pay for college without having to pay it back are...

PIN: Personal _____________ Number

How many years can a bankruptcy stay on your credit report?

A summary of all activity in an account (sent each month to customers)

True or False: Insurance companies will lower your rates if you have a high credit score

A college payment option that gives you money for good grades and standardized test scores is..

Credit card or Debit card: When swiped it allows you to borrow money to pay back some monthly

Mrs. Sams has earned $2,241,400 in 20 years. What could her average salary and profession be?

True or False: Banks will only lend you money, if you have a good credit history

You received money for college based on financial needs, you do not need to pay this back...

Attending college or vocational training beyond high school has what benefit?

Credit card or Debit card: No interest is charged