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Financial Literacy 1 Flashcards | StudBud

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Financial Literacy 1

5 terms·StudBud Administration·45 plays

Personal Financial Literacy

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Questions 5

Answers

1
When you get an ATM, you should select a PIN, you should:
use your first initial and last name
Use your birth date
Use the name of a friend, family member or pet
Use a random selection of letters and numbers
2
When Mary bought a DVD player with her credit card, her purchase created a(an):
investment
debt
reserve
savings
3
Who uses consumer credit reports in making decisions?
lenders
schools
borkers
churches
4
When you file bankruptcy, it's on your credit report for:
Until you receive a new credit card
10 years
Until you repay the all debts
3 years
5
The best suggestion you gave a friend who is writing a check for the first time is:
Make check payable to cash
Date the Check for proof of payment
Use pencil for changes
Use the register to keep a record of the date you wrote it