Financial Literacy-CLE

What is the penalty for using the ATM of a bank that is not your bank?

Which insurance are people usually required to have by law?

Balancing a checkbook is the same as balancing a checking account

What is a down payment?

Debit cards are connected to funds in your bank account.

How many free credit reports are you legally entitled to per year from each credit bureau?

A budget is...

Which one of these is a charge you would NOT see on a credit card.

Which would probably be the most useful piece of information to an identity thief?

One late payment can lower your credit score.

Best way to avoid credit card debt.

Renting and buying mean the same thing.

If you plan to move after a year, you should....

What are the two biggest influences on your credit score?

A credit score is ___________.

What is a mortgage?

A cash advance is _______.

You don't pay for insurance on a leased car?

Your roommate forgot to pay power bill. The bill is in your name. Will this lower your score?

What type of bank account offers the most flexible access to your money?

When it comes to savings, always..

Interest is...

Cars are generally considered to be appreciating assets (value increases)

Which describes the amount you pay on each insurance claim you make?