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Which of the following offer checking accounts, savings accounts, check cashing, consumer loans, certificates of deposit, and deposit insurance to customers?
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
If you plan to use your money to pay expenses frequently, you will want to put it in a
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
!!!!! What is a problem with putting your money in a money market account?
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
Which of the following typically insures banks and savings and loan companies in the United States?
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
Today, there are a range of businesses hat help people and organizations to save, invest, and manage money. These businesses are
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
If you need a loan, it is much more expensive to use a
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
Consumers who use financial institutions usually look for these kinds of services:
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
Consumers who do not have bank accounts sometimes choose to use ____________ when they need to cash a check
checking account.
The Federal Deposit Insurance Corporation (FDIC)250,000
A high minimum Balance to open and There are a limited amount of transactions that are allowed each month,
All of the above
Saving,Spending,Borrowing,INvesting
payday loan stores
check-cashing services
financial institutions banks
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