1. Credit scoring is

2. Angela tried to use her Macy's credit card at Target but was unsuccessful because Target only accepts Target credit cards.

3. Taking a cash advance on your credit card for daily living expenses may not be a wise financial decision because interest begins on the cash advance balance amount immediately.

4. Susan is not married and a female- Which of the following Consumer Credit Laws prohibits credit discrimination on the basis of her status?

5. A low FICO score

6. What type of a credit card is issued in partnership with a specific charity or organization, such as Mothers Against Drunk Driving (MADD), the National Rifle Association (NRA), or a college or university?

7. Most credit cards have a ________ grace period from the date of the bill to make payments.

8. By law you have certain rights in connection with the credit bureau- They are

9. Your credit score may affect how much you pay for health insurance.

10. ________ occurs when someone, without your knowledge or consent, uses your name, address, Social Security number, bank or credit card account number, or other identifying information to commit fraud or other crimes.

11. The ________ provides a single location for financial protection and oversight

12. Credit card issuers are free to set up shop near large university campuses and offer free gifts

13. The CARD Act of 2009 toned down the actions of credit card issuers by

14. Credit cards issued in conjunction with particular charities or organizations, like the Sierra Club or the Humane Society, that send a portion of their annual fee or percentage of their purchases back to the sponsoring organization are known as

15. The Truth In Lending Act requires that all consumer credit agreements disclose the ________ in bold print?

16. The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act established fee caps for cards- Card fees cannot total more than ________ of the initial credit limit.

17. A secured credit card is a good tool to help establish credit.

18. Only Prestige or Premium credit cards offer a grace period.

19. Due to compounding frequency, the actual interest rate or APY you pay is higher than the advertised interest rate or APR.

20. Jessica always thought the grace-period feature of her credit card was a wonderful idea because her charges were interest-free during the grace period- After taking Dr- Art Keown's personal finance course, she learned this startling truth about grace periods.

21. According to the Bankcard Holders Association of America, about 95 percent of all bank card issuers use the

22. Cedrick's credit card was stolen, and he did not realize that it was stolen until he received his most recent billing statement- He contacted the credit card company immediately after he read his statement- Fraudulent charges were as follows: $250 for a Blue-ray player, $600 for a new set of tires, $200 cash withdrawal, and $40 in interest charges on the above items- He did not carry credit card insurance- How much is Cedrick's potential maximum liability?

23. Your credit card company cannot increase your rate for the first 12 months after you open an account unless

24. To a credit user, the perks and benefits are the most important determinant when choosing a credit card.

25. Consider the 'Five Cs of Credit.' The category that considers your current income level and current borrowing level is