Debt BrainPop Review
Quiz by Rebecca Harris
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8 questions
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- Q1What is another word for money that is owed to someone else?DefaultDebtGiftCredit30s
- Q2What is credit?CapitalMoney that you earn from a job.DebitMoney that is lent or given to you and must be paid back often with interest.30s
- Q3What is interest?A form from the bank.A special account for student loans.A reward for paying your bills on time.A fee for borrowing money.30s
- Q4What is a credit history?An extra credit report for your History teacher.A statement from the bank that includes your grades in school.A fee you pay each month to a bank for having a debit card.A public record of your payment and borrowing responsibility.30s
- Q5True or False..."Debit Cards" and "Credit Cards" are the same thing.FalseTrue30s
- Q6If you miss a payment or stop paying your debt, you would most likely receive a...partypensionpenaltypardon30s
- Q7A person (or company) that changes excessive interest rates are often called...loan sharksbaby sharksloan tigerscredit sharks30s
- Q8To default on your debt means to ...pay off all of your debt.give your debt away.stop making payments on your debt.30s