Survey Maker Survey Templates Contact Privacy & Security

Credit Options

A visually appealing infographic depicting different types of loans, credit cards, and money lenders, emphasizing financial literacy and responsible borrowing.

Understanding Credit Options

Test your knowledge about credit options and financial responsibilities with this engaging quiz! Learn about money lenders, loans, credit cards, and the importance of good financial practices.

Whether you're looking to consolidate debt or simply want to expand your understanding of financial choices, this quiz is for you!

8 informative questions
Multiple choice, drop list, and checkbox formats
Easy to follow and learn

8 Questions2 MinutesCreated by FinanceGuide102

Money lenders are a good option if a person

Has already got a big debt

Has a good job

Is unemployed

Has a poor credit rating

A person who agrees to pay the debt if the borrower is unable to do so is known as a

Putting different loans into one loan to simplify repayments is called

Interest

Consolidation

Credit options

Consideration

Each person who gets into a credit card must get something of value. This is called

A person can get a loan from a money lender even if they are unemployed and have a bad credit history

True

False

One of the advantages of credit cards is

They are easy to use

Have low interest rates

Can not be used fraudulently

They do not require credit checks

Personal loans can be used to

Consolidate debt

Collect airpoints or flybuys

Purchase goods and services online

Protect damaged or lost goods and services

Due to the high interest rates and penalty fees charged by some money lenders, they are known as

Loan Dinosaurs

Guarantors

Loan Sharks

Consolidators

{"name":"Credit Options", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"Test your knowledge about credit options and financial responsibilities with this engaging quiz! Learn about money lenders, loans, credit cards, and the importance of good financial practices.Whether you're looking to consolidate debt or simply want to expand your understanding of financial choices, this quiz is for you!8 informative questionsMultiple choice, drop list, and checkbox formatsEasy to follow and learn","img":"https:/images/course2.png"}