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Team 2
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Score
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15
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If you have a good credit score, you are more likely to
be offered loans with better terms
be offered low rates on car insurance
be offered an apartment
All of the above
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baam
Lose 15 points!
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×
shark
Other team loses 20 points!
Okay!
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fairy
Take points!
5
10
15
20
25
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banana
Go to last place!
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15
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What fee will you pay if you go over your credit limit?
introductory fee
Minimum payment fee
Over the limit fee
Grace period fee
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heart
Other team wins 15 points!
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star
Double points!
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gift
Win 25 points!
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×
baam
Lose 5 points!
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15
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Which is not an example of credit?
A checking account
A credit card
A student loan
A home loan
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15
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What is an example of non- revolving credit?
A personal loan
A home loan
A credit card
A home equity loan
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15
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Which of these is a part of your credit score?
Number of facebook friends
High school grades
Payment history
What ex partners think of you
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25
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What is a teaser rate and why would credit card companies use one?
A teaser rate is a lower introductory rate used to lure customers so credit card companies can raise the rate later
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eraser
Reset score!
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magnet
Take 25 points!
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rocket
Go to first place!
Okay!
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baam
Lose 25 points!
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15
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Introductory rates are also known as
annual fee rates
annual percentage rates
minimum payments
teaser rates
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25
×
What are three things you can do to make your credit score worse?
Answers vary
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15
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If you have a good credit score you...
Will pay less money in interest
Will pay more money in interest
Can not get a debit card
Will make more money each paycheck
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eraser
Reset score!
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star
Double points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
thief
Give points!
5
10
15
20
25
15
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What is an example of revolving credit?
A student loan
A credit card
A home loan
A debit card
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15
×
The highest amount that can be charged to a credit card is called...
Your APR limit
Your line of credit
Your free period limit
Your credit limit
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15
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The least amount of money required to be paid on a line of credit is called
Maximum payment
Grace period payment
Credit Score payment
Minimum payment
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