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Instructions: Print this page and answer the question in the spaces provided. Or write your answers on a paper, your cell phone or iPad. Then share your answers with your team.

Think about what you just learned about credit and debt. Answer the following true or false questions.

  1. There are no risks with using credit to buy things.

    True False

  2. Credit can help you buy things you need, but you should be careful not to spend money you don’t have.

    True False

  3. If you have debt, there is no way to get out of debt safely.

    True False