Practice 1 Quiz

Froggy Jumps

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Quick knowledge check

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Bernardo Oviedo

Costa Rica

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Practice 1 Quiz


Froggy Jumps Practice 1 QuizVersion en ligne Quick knowledge check par Bernardo Oviedo 1 What is a credit limit on a card? a The minimum payment due every month b The annual fee charged by the issuer c The maximum balance you can borrow on the card 2 APR stands for? a Automatic Payment Revenue b Applied Price Ratio c Annual Percentage Rate 3 Which statement best describes grace period? a Interest starts immediately after purchase b No interest if you pay full balance by due date c It is the time you have to return the card 4 Minimum payment is usually a percentage of what? a Cash withdrawal amount b Annual fee c Your outstanding balance 5 Which action can improve your credit score with cards? a Maximize cash advances b Pay on time and keep low balances c Close old cards immediately 6 What can happen if you only pay the minimum? a Balance resets to zero automatically b Interest is waived after a year c Interest accrues on the remaining balance 7 Cash advances typically have which cost? a Higher interest and fees b No fees and 0% interest c Deferred payment until next cycle 8 What is a credit card annual fee? a Fee only for foreign transactions b Fee charged only after 12 months c Charge for keeping the card active each year 9 Balance transfer helps to? a Cancel the card automatically b Move debt to another card, often with lower APR c Increase spending limit 10 What is a fraud alert on a card? a A new card automatically issued b A discount program for purchases c A notice to monitor suspicious activity 11 What is the credit type mentioned for housing? a CREDITO PARA VIVIENDA b Compra de vivienda c Plan de inversión 12 What field is labeled directly as a section header in the document? a Observaciones b Firma del solicitante c Datos del solicitante

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Practice 1 Quiz

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Practice 1 QuizVersion en ligne

par Bernardo Oviedo

What is a credit limit on a card?

APR stands for?

Which statement best describes grace period?

Minimum payment is usually a percentage of what?

Which action can improve your credit score with cards?

What can happen if you only pay the minimum?

Cash advances typically have which cost?

What is a credit card annual fee?

Balance transfer helps to?

What is a fraud alert on a card?

What is the credit type mentioned for housing?

What field is labeled directly as a section header in the document?