Test your knowledge

Choose wisely. There is only one correct answer to each question.

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1.
When shopping for a credit card, you should evaluate several cards because ________.
Choose wisely. There is only one correct answer.
Their interest rates, fees, and other features differ. The knowledgeable credit card user can score great deals this way.
2.
Small fees from your bank, credit union, credit card companies and others can add up to hundreds of dollars a year in wasteful costs.
Choose wisely. There is only one correct answer.
True. Small fees from your bank, credit union, credit card companies and others can add up to hundreds of dollars a year in wasteful costs.
3.
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.
Choose wisely. There is only one correct answer.
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.
4.
It is possible to get some of your bank or credit union fees waived if _______.
Choose wisely. There is only one correct answer.
All of the above. Certain fees can be waived if you meet one of these conditions.
5.
What is one of the fees that a car dealer may charge when you buy a car?
Choose wisely. There is only one correct answer.
A vehicle preparation fee. A car dealer may charge a vehicle preparation fee when you buy a car.