Choose wisely. There is only one correct answer to each question.
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1.
You can find out about hidden bank or credit card fees by _______.
Asking a customer service representative about them. You can find out about hidden bank or credit union fees by asking a customer service representative about them.
2.
When evaluating a credit card offer, why should you consider how the cards interest rate is calculated?
Different methods result in different charges. Based on when you incur charges and when you pay them off, the method used to calculate interest will differ.
3.
When evaluating fees at a bank or credit union, what is perhaps the most helpful question to ask yourself?
Am I getting what I need from my bank or credit union in return for these fees? Not everyone thinks fees are too high; therefore, determine whether you are getting your money's worth.
4.
When you buy or lease a car, the _______ fee covers the cost of registering and getting a license plate for the new or leased car.
Documentation. When you buy or lease a car, the documentation fee covers the cost of registering and getting the license plate for the new or leased car.
5.
When you schedule your bills to be paid online and in advance, you are less likely to be hit with bounced payment and late fees.
True. When you schedule your bills to be paid online and in advance, you are less likely to be hit with bounced payment and late fees.
