Choose wisely. There is only one correct answer to each question.
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1.
If you close a savings or checking account and get charged a fee because of that, it's probably because you didn't keep it open as long as you had agreed to when you first opened it.
True. This is the most likely reason why you'd be charged a fee for closing an account.
2.
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.
3.
When shopping for a credit card, you should evaluate several cards because ________.
Their interest rates, fees, and other features differ. The knowledgeable credit card user can score great deals this way.
4.
What is one way to gather more information about your banks fees?
Calling your bank and asking about the fees. One way to gather more information about your banks fees is to call and ask a customer service representative about them.
5.
What is one way to avoid bounced check fees?
Balancing your checkbook. Balancing your checkbook is one way to avoid bounced check fees.