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Personal Finance Unit 5

Financial Education

9th - 12th Grade

Used 15+ times

Personal Finance Unit 5
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not one of the 5 C's of creditworthiness?

Character

Capacity

Capital

Conditions

Cosigner

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the correct range for credit scores?

100-1000

200-900

300-850

300-800

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the major credit bureaus?

Credit Karma

TransUnion

Experian

Equifax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False a credit card company must mail a bill 21 days before it is due.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many days notice must a credit company give before raising your APR?

21

35

40

45

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False. You can open a credit card under the age of 21 without a cosigner.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a responsible person who signs a loan along with a borrower thereby agreeing to pay the obligation if the borrower fails to do so?

Creditor

Borrower

Cosigner

Debtor

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