The Dangers of Minimum Credit Card Payments
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Task Description
Understand this risk, if you use credit use it wisely. Making a minimum payment is not wise.
Video details
Scene summary
Understand this risk, if you use credit use it wisely. Making a minimum payment is not wise.
Video source
The Dangers of Minimum Credit Card PaymentsVideo length
3 minutes 25 seconds
Video genre
Lectures (e.g. TED talks)
Language goals
Level
The above lesson is a great teaching resource for:Intermediate (B1)
Student type
This resource is intended for:High schoolers
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Quality not yet verified by the community.
Sensitivity
This resource does not contain any images, words or ideas that would upset a reasonable person in any culture.
Copyright license
This resource is licensed by harryboland under the Creative Commons Attribution License.
Upload date
7/14/2022
Video quiz questions (printable)
1. Guess the end.
What type of payment is dangerous ___________
2. Guess the end.
What is it called when you use the credit cards money?
3. Guess the end.
Please note only a one dollar difference after spending 150 as a payment.
4. Guess the end.
One year how much did you spend to lower the balance by $5?
5. Guess the end.
Remember credit is
6. Choose the correct options.
how much did it cost to borrow 10000, the finance charges?
61069
51069
10000
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