Accounting > EXAM > Everfi Module 3 Questions and Answers Graded A (All)

Everfi Module 3 Questions and Answers Graded A

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What is a Money Order? ✔✔A way to pay up front so the check can't bounce What is a debit card? ✔✔A card linked directly to your bank account What is a cashier's check? ✔✔a check that... comes directly out of your bank account, usually for a fee What is a credit card? ✔✔A card that let's you borrow money to make a purchase What is a pre-paid card? ✔✔Type of credit card preloaded with money so you don't overspend What is a Pay-Day Loan? ✔✔small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck What are cash advances? ✔✔a loan from your credit card [Show More]

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