Personal Finance Credit Card Pre Test
5 Questions
| Total Attempts: 193
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