Banking College Credit Card Identity Random
100
What is a deposit?
Putting money in the bank
100
What is a grant/scholarship/gift?
Money you don't have to pay back
100
What is credit utilization?
Its recommended you use less than 30%
100
What is a pin number?
Secured 4-digit number of a debit card
100
What is saving money?
The opposite of spending money
200
What is a withdraw?
Taking money out of the bank
200
What is subsidized?
Gov't pays interest while in school
200
What is a credit report?
Your financial report
200
What is a social security card?
10 numbers that are unique to you?
200
What is a mortgage?
Borrowing money to buy a home
300
What is a debit card?
Two ways to swipe a bank card
300
What is unsubsidized?
Interest accrues while in school
300
What is 30 days?
After ____ days a credit card company will report your late payment to the credit bureau
300
Who is the credit card company?
The person to contact when a fraud transaction occurs
300
What is playing the lottery?
Many dream that by playing this, they can easily become an instant million
400
What is an over draft fee?
Amount charge when a check is bounced
400
What is FASFA form?
The form you complete for Financial Aid
400
What is a due date?
A late fee on a credit card will be assessed after
400
What is what is the security code?
3 digit number on back of card
400
What is "living paycheck to paycheck?"
A common phrase describing the financial situation of living from one pay period to the next
500
What is the Federal Deposit Insurance Corporation (FDIC)?
Money held in bank or credit union
500
What is a co-signer?
Someone who signs on your behalf that will be equally responsible for paying back the debt
500
What is a credit bureau?
Equifax, Experian, and TransUnion
500
What is identity theft?
Stealing one’s personal information to commit theft or fraud
500
What is Benjamin Franklin?
His face is featured on the $100 dollar bill






Financial Literacy Club Part 2

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