What is debt?
  • Money that is spent
  • Money that is owed because of borrowing
  • Money that you lend to others
Credit means you ________now and ________ it back later.
  • Borrow, Pay
  • Pay, Borrow
  • Pay, Pay
Credit Card is a type of what?
  • bond
  • Loan
  • savings
Types of credit include: Credit card, Installments, Mortgage and
  • debit card
  • rewards card
  • Student Loans
What fee is associated with a car loan
  • Annual Percentage Rate (APR)
  • Introductory
  • Emotional
What is the best way to manage credit and debt?
  • use rewards
  • spend now worry later
  • Make big purchases
  • set goals and budget
What is a mortgage?
  • Car loan
  • business loan
  • Home loan
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