Basics Beginner: Stop Wasting Money on Fees

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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.
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.
Choose wisely. There is only one correct answer.
True. This is the most likely reason why you'd be charged a fee for closing an account.
3.
What is one of the fees that a car dealer may charge when you buy a car?
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A vehicle preparation fee. A car dealer may charge a vehicle preparation fee when you buy a car.
4.
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.
5.
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.