QUESTION IMAGE
Question
why do you think that we named this module \sucker punch\? choose the one best answer.
oa because were big boxing fans.
ob because we want to protect you from getting hurt.
because we want you to be aware that credit cards can be as painful as an unexpected punch in the stomach. most credit card companies are out for themselves - theyre not really looking out for you. this means that you have to be on the alert for sucker punches when you apply for and use a credit card.
od because we all can be hit by a sucker punch in life.
question 15
okay, here comes a really tough question. select the correct statement.
because i have no credit and no one to help me get my first credit card, i may have to get a \secured\ credit card. thats okay. that means i may have to keep some money in a savings account for a time that will help secure my credit card loans.
ob because i have no credit and no one to help me get my first card, i decide to get one of those really cool \prepaid\ cards ive read about on the web, designed just for students.
oc because i have no credit and no one to help me get my first card, i am going to answer the offers i receive in the mail and receive a free football phone.
od because i have no credit i will never be able to get a credit card so i will live with my parents forever.
question 16
which defines a \credit limit\?
For Q14, the module name relates to credit - card risks. For Q15, a secured credit card requires a savings - account deposit.
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Question 14: C. Because we want you to be aware that credit cards can be as painful as an unexpected punch in the stomach. Most credit card companies are out for themselves - they're not really looking out for you. This means that you have to be on the alert for sucker punches when you apply for and use a credit card.
Question 15: A. Because I have no credit and no one to help me get my first credit card, I may have to get a "secured" credit card. That's okay. That means I may have to keep some money in a savings account for a time that will help secure my credit card loans.