Eager to Become a Credit Expert?
Every day consumers make numerous decisions concerning credit cards: choose the right plastic, make payments or manage their debt. Have you got enough insight into the principles of a credit card use? Are you a beginner or a winner? Can you take the most of your plastic? Complete the test and see how well you can manage credit cards.
1. What is “MasterCard”?
The world’s most popular payment system.
The world’s most popular bank.
This is the main credit card of the pair of cards.
MasterCard is world’s biggest payments processing corporation.
2. Credit cards are supposed to be used for:
Paying one’s mortgage or loan.
General purchases.
Making charitable donations to get tax exempt.
Credit cards are used for general purchases.
3. To get a credit card you need to have:
A house, a car or any other type of security.
At least college education.
Social Security Number.
To get a credit card you need to have a Social Security Number.
4. A credit card enables you to get:
Unlimited loan capital.
A kind of loan for which you pay interest.
Free cash.
A credit card sort of "lends" you money at a certain interest.
5. Paying off your credit card debt in time will:
Reduce your interest rate.
Avoid late payment fees.
Give you additional bonuses form credit card issuer.
If you always pay on time you will avoid penalty fees.
6. If you lose your credit card you should:
Contact your bank immediately.
Contact the police.
Apply for a new credit card.
If you lose your credit card contact the bank immediately to avoid ID theft.
