Choose the statement that describes an advantage of paying a bill through the mail with a check.
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Which is a possible benefit of having a good credit history?
What must Freya consider before using her debit card? Check all that apply.
Which questions should Freya answer before using a credit card? Check all thatapply.
In a few sentences, explain what it means to be financially responsible.
Being financially responsible means you are earning more than you are spending. You should also create a budget to track income and expenses, and do what you can to always pay bills on time.
Which financial problems might cause a person to be considered a bad risk for a loan to purchase a home? Check all that apply.
Which expense is a bank least likely to extend a line of credit for?
Identify possible advantages and disadvantages of using automatic withdrawal to pay bills.
A benefit of using automatic withdrawals to pay bills is never making a late payment. A possible consequence of using automatic withdrawal to pay bills is possible overdraft charges if you don’t have enough money in the account when the payment is made. You need to remember the amount will be taken out and be sure there is enough money in the account.
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