Personal Finance Credit Card Pre Test

5 Questions | Total Attempts: 154

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Credit Card Quizzes & Trivia

Please answer the following questions regarding credit cards.


Questions and Answers
  • 1. 
    A credit card company can never raise its rates in the middle of the year.
    • A. 

      True

    • B. 

      False

  • 2. 
    Do credit cards have a postive, negative, or both positive and negative impact on credit scores? Defend your answer,
  • 3. 
    Everyone should have at least ______________ credit cards
  • 4. 
    Opening a credit card to receive a promtional item is foolish
    • A. 

      It is always foolish to open a credit card for any reason

    • B. 

      It is never foolish to open a credit credit card

    • C. 

      It may depend on the situation

  • 5. 
    Using your credit card online is safer than using a debit card,
    • A. 

      True

    • B. 

      False

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