stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Personal Financial Literacy (true/false) Flashcards | StudBud
Explore
/
Personal Financial Literacy (true/false)
TRUE or FALSE
TRUE or FALSE
Personal Financial Literacy (true/false)
26 terms
·
StudBud Administration
·
317 plays
6th Grade Math - Personal Financial Literacy unit #6thgrade #math #pfl
Flashcards
26 cards
F
Practice quiz
P
Host live
L
Questions
26
Answers
1
TRUE or FALSE
True
False
2
TRUE or FALSE
False
True
3
Most negative information is retained on a credit report for 7 years
True
False
4
Bank lenders and employers can look at your credit history
True
False
5
TRUE or FALSE
False
True
6
TRUE or FALSE
False
True
7
TRUE or FALSE
True
False
8
TRUE or FALSE
False
True
9
Debit cards and credit cards are both plastic cards used to make purchases without cash
False
True
10
A negative credit history shows that a person has managed their money responsibly including paying their bills on time.
False
True
11
TRUE or FALSE
True
False
12
A bankruptcy will show up on a credit report for up to 10 years.
True
False
13
Establishing a positive credit history is important if you want to make a purchase on credit like a car or home.
True
False
14
TRUE or FALSE
False
True
15
A deposit is money you take out of the bank
True
False
16
TRUE or FALSE
True
False
17
TRUE or FALSE
False
True
18
You pay higher interest if you have good credit
False
True
19
credit cards are linked to a person's bank account
True
False
20
TRUE or FALSE
False
True
21
TRUE or FALSE
True
False
22
TRUE or FALSE
True
False
23
Money spent using a credit card is like a loan.
False
True
24
If you lend a family member $1,000 that will go on their credit report
True
False
25
On a credit report, credit inquiries will be retained for 2 years
False
True
26
TRUE or FALSE
False
True
