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Basics Beginner: Stop Wasting Money on Fees

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1.
When you rent to own, you pay the same when you rent as if you had bought the item outright.
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False. When you rent to own, you pay far more than if you had bought the item outright.
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.
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True. This is the most likely reason why you'd be charged a fee for closing an account.
3.
When shopping for a credit card, you should evaluate several cards because ________.
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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 avoid bounced check fees?
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Balancing your checkbook. Balancing your checkbook is one way to avoid bounced check fees.
5.
What is one way to gather more information about your banks fees?
Choose wisely. There is only one correct answer.
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.