Financial Management Orientation

Credit – Review

Credit Cards are always bad and should never be used.
- True or False
All of the following are possible Credit Card fees: annual fee, cash-advance fee, late-payment fee.
- True or False
Debit card charges need to be paid off at the end of the month when the bill arrives.
- True or False
Your credit report is private and available only to you and your immediate family.
- True or False
You should check your score every year at www.annualcreditreport.com.
- True or False
Which of the following affect your credit score?
- Rent payments
- Number of credit cards and their balance
- Car loan and payments
- All of the above