Contracts

Question 1

Choose the advantages of using a credit card. Check all that apply.

Revolt · Accepted Answer

A: builds credit history; D: small payments over time; E: emergency funds intact

Question 2

Which is a disadvantage of withdrawing more money than is available in a checkingaccount?

Revolt · Accepted Answer

B: overdraft fee

Question 3

Which is not a good financial decision?

Revolt · Accepted Answer

D: frequently spending more money than is earned

Question 4

Henry is having trouble paying his rent and making minimum payments on loans and credit cards. Which should he consider? Check all that apply.

Revolt · Accepted Answer

B: Create a budget to track income and expenses.; E: Talk to a consumer credit counseling service.

Contracts Answers