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Teams
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Score
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eraser
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magnet
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rocket
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baam
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15
×
What is a common warning sign of identity theft?
Receiving regular credit card sttements
Annual credit reports
Monthly utility bills
Unexplained withdrawals from bank accounts
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15
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What is a key advantage of using a credit card for purchases?
Unlimited spending power
No interest charges
Building credit history
Guaranteed fraud protection
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15
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What is a key benefit of disability insurance?
It provides investment returns
It pays for property damage
It replaces lost income during inability to work
It covers routine medical check-ups
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15
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What effect does a lower credit score typically have on loan applications?
Lower down payment requirements
Faster approval process
Better loan terms
Higher interest rates
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15
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What is a responsible approach to credit card use?
Transferring balances frequently
Paying the full balance monthly
Having multiple cards with high limits
Making minimum payments only
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15
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What is a key advantage of having comprehensive auto insurance?
It protects against financial losses from accidents
It eliminates the need for vehicle maintenance
It prevents mechanical breakdowns
It guarantees lower fuel costs
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15
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Which budgeting method allocates income into specific categories like needs, wants, and savings?
zero-based budgeting
envelope system
line-item budgeting
50/30/20 rule
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15
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How does life insurance protect against financial loss?
It provides retirement income
It pays for property damage
It covers medical expenses
It provides income replacement for beneficiaries
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boom
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gift
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gift
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banana
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15
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Which factor most directly affects the interest rate offered on a personal loan?
Employment history
Credit score
Age of applicant
Education level
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15
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Which action best protects against identity theft?
Regularly monitoring credit reports
Using public Wi-Fi for banking
Sharing passwords with trusted friends
Using the same password for all accounts
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baam
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magnet
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rocket
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thief
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5
10
15
20
25
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boom
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star
Double points!
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rocket
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baam
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15
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What effect do rising interest rates have on savings accounts?
Higher return on savings
Decreased account security
Lower return on savings
No effect on savings
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15
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How do higher interest rates affect the housing market?
Increases home affordibility
Reduces the number of qualified buyers
Lowers monthly mortgage payments
Accelerates home construction
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