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 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.
3.
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.
4.
When you rent to own, you pay the same when you rent as if you had bought the item outright.
False. When you rent to own, you pay far more than if you had bought the item outright.
5.
If there are fees you cant avoid, one way to manage those fees is to _______.
Save money in a separate account to pay them. If there are fees you cant avoid, one way to manage those fees is to save money in a separate account to pay them.