Mini-Quiz: Buying with a Credit Card

1. Why should you compare your credit card bill with your receipts?

   To make sure there are no unauthorized charges to your accountThat is correct. You know about credit cards. To see all the things you bought the last monthSorry, not correct. Try another button. To make sure you paid your sales taxGood try, but not right. Select another answer.

2. If you have little money, what is wrong with not paying your credit card bill?

   It is an easy way to get by, especially if you have several credit cardsOops! Wrong answer. Re-read the question and try again. Nothing, since the companies are rich and don't deserve your moneySorry, not correct. Try another button. It can ruin your credit history, requiring all future purchases only in cashCorrect. You are good in personal finances.

3. If you have poor credit history, how can you get a credit card?

   You are just out of luckOops! Wrong answer. Re-read the question and try again. Many banks provide secured credit cards at a higher interest rateThat is correct. You know about credit cards. You can apply and hope they don't check your recordGood try, but not right. Select another answer.

Pick an answer to see instant feedback. Re-read the lesson if you miss one.