Study

Credit Card Game

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  • Financing thru the use of online platforms
    Online Lending
  • Okay lang bang mangutang to increase my credit score?
    Yes
  • What can a Credit Card bank issuer provide you with when you are already unable to pay your loan?
    Loan Restructuring
  • List loans based on interest rate, and prioritize paying the loan with the highest interest rate
    Debt Stacking
  • May nakukulong ba sa utang?
    Wala
  • Okay siguro tong Online Lender na to kasi laging lumalabas sa FB, Tama o Mali?
    Mali
  • Kung ikaw naman ang nagpapautang, okay lang ba na ipautang ang emergency fund? Oo o hindi?
    Hindi
  • Ang utang kahit di bayaran ay nawawala din naman sa pagdaan ng panahon. Tama o Mali?
    Mali
  • Are credit cards substitute for cash?
    No
  • Pag namatay ka, kasama na sa hukay ang utang, Tama o Mali?
    Mali
  • a consumer who pays their credit card balance in full and on time
    Transactor
  • Tawag ng tawag si credit card issuer nakaka-irita na i-block ko nga, Tama o Mali?
    Mali
  • Tama o Mali? ang pagiging co-maker o nakakapagpatibay ng pagkakaibigan pero nakakasira ng kinabukasanguarantor ay
    Tama
  • Ano yung sitwasyon na di ka na makalampas sa utang mo, na parang bawat sweldo ay napupunta lang sa utang?
    Debt Trap
  • List loans from smallest to biggest, pay off the smallest debts first. then pay only the minimum on the rest to get rid of the easiest debt faster
    Debt Snowballing
  • a credit cardholder who only pay the minimum amount due on their credit card bill
    Revolver
  • It's okay not to inform the credit card issuer of change in residence. True or false?
    False
  • The act of getting money from a lender or goods from a supplier with a promise of future pay back
    Borrowing