1. Search for the credit utilization ratio (formula) on the Internet. Use it to calculate the utilization for a consumer with a $2,500 credit card balance and available credit of $7,500. This is very easy and should take less than five minutes.

2. List three methods for improving the credit score that do not involve earning more money.

3. How can you check your credit file three times a year without paying for it. Hint: This is a math question.

4. How can being a combination user of credit save you money? This will require some thought.

5. How does a credit card company earn money from a credit card user who pay off the bill every time and pays no late fees or other fees

6. Explain how a credit card's grace period works, and what is the advantage.

7. How do cash advances affect a credit card's grace period.

8. What are the reasons credit card interest is so expensive?

9. What is likely to happen if a credit card user only pays the minimum balance each month.