Choose wisely. There is only one correct answer to each question.
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1.
Small fees from your bank, credit union, credit card companies and others can add up to hundreds of dollars a year in wasteful costs.
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.
2.
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.
3.
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.
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.
When comparing credit cards that charge annual fees against cards that do not, the annual fee cards are a bad deal.
False. Though some may be a bad deal for you, others may offer features that are advantageous to you.