Module 116-118 Review Part 1

Match it! Select the correct answer from the pull down...Good luck!

If a credit card company invites you to skip a payment, federal law prohibits it from charging you a finance charge during that period.

You paid off your entire balance every month this year.

When considering a non-emergency purchase, only spend what you can pay off in the next month.

You keep your balances low by using several different credit cards

In terms of borrowing money, character is the borrower's history of paying bills.

Having more credit cards always results in a better credit rating.

You only have a couple of credit cards, and you pay off the balances monthly.

You saw a credit counselor when you began banking.