
Banking & Credit Test Review
Quiz by Venus Brown
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
Choose whether each statement describes a credit union, commercial bank, or both by placing it in the appropriate category,
 FDIC Insurance is...
 Which of the following transactions will REDUCE your checking account balance immediately?
You can use any ATM to withdraw money because ATM's don't ever charge fees in order to use them
List the savings tools from highest interest to lowest interest. (1st place being the highest interest rate)Â
Match the pairs to the appropriate description
Identify if each statement below would increase or decrease your credit score.
Which item is important to consider when selecting a credit card?
Which of the following is NOT a credit Reporting Agency?
 Which of the following individuals or groups would be the LEAST likely to look at your credit score?
Your washer and dryer just broke, and you need to purchase a new one. Choose the BEST option to finance this purchase.
You want to move out on your 18th birthday. Your parents remind you that the landlord is going to review your credit history, but you do not have any credit. Which of the below is a strategy for building up your credit?
 Which of the following could have a NEGATIVE impact on your credit score?
 Which statement best describes why payday loans are sometimes referred to as "predatory lending?"
Which statement best reflects the philosophy of "pay yourself first"?