Lower secondary school pupil
Are you about to finish comprehensive school, but have not moved out on your own yet? Now is a good time to test your financial management skills with these questions. Choose this quiz!
Question 1 / 10
What is a debt?
Right!
Everyone is responsible for their own debts. After the due date, a debt starts to accumulate interest for late payment and possibly collection fees. These increase the original sum to be repaid. A loan also has to be paid back. During the loan period, a loan accumulates interest that must also be paid.
Wrong!
Everyone is responsible for their own debts. After the due date, a debt starts to accumulate interest for late payment and possibly collection fees. These increase the original sum to be repaid. A loan also has to be paid back. During the loan period, a loan accumulates interest that must also be paid.
Question 2 / 10
What happens if a debt is not paid regardless of payment reminders?
Right!
The creditor can get a district court judgment for transferring the debt to enforced collection. The creditor can send some debts, such as fines, taxes and health care fees, directly to enforcement, however.
Wrong!
The creditor can get a district court judgment for transferring the debt to enforced collection. The creditor can send some debts, such as fines, taxes and health care fees, directly to enforcement, however.
Question 3 / 10
What does enforcement mean?
Right!
Enforcement is a task based on law and performed by the judicial administration. The enforcement authorities are neutral and protect the rights of both debtors and creditors.
Wrong!
Enforcement is a task based on law and performed by the judicial administration. The enforcement authorities are neutral and protect the rights of both debtors and creditors.
Question 4 / 10
What things does the enforcement authority do?
Right!
The tasks of the enforcement authorities include collecting monetary receivables and enforcing evictions and preventive measures. The enforcement authorities are neutral and protect the rights of both debtors and creditors. The enforcement authorities are obliged to advise you if you have debts in enforcement and need help with them.
Wrong!
The tasks of the enforcement authorities include collecting monetary receivables and enforcing evictions and preventive measures. The enforcement authorities are neutral and protect the rights of both debtors and creditors. The enforcement authorities are obliged to advise you if you have debts in enforcement and need help with them.
Question 5 / 10
Can a minor be a debtor in enforcement?
Right!
A person of any age can be subjected to enforcement. Everyone is responsible for their own debts, irrespective of age.
Wrong!
A person of any age can be subjected to enforcement. Everyone is responsible for their own debts, irrespective of age.
Question 6 / 10
What is a payment default entry?
Right!
A payment default entry results from an unpaid debt and is entered in the credit information register. A payment default entry can make many things more difficult, such as getting a mobile subscription, a student loan or a job. Bills normally have to be unpaid for a long time before you get a payment default entry.
Wrong!
A payment default entry results from an unpaid debt and is entered in the credit information register. A payment default entry can make many things more difficult, such as getting a mobile subscription, a student loan or a job. Bills normally have to be unpaid for a long time before you get a payment default entry.
Question 7 / 10
Can a minor get a payment default entry?
Right!
People under the age of 15 cannot get payment default entries at all. People who are over 15 but under 18 can only get a payment default entry from enforcement. Adults can also get payment default entries outside of enforcement.
Wrong!
People under the age of 15 cannot get payment default entries at all. People who are over 15 but under 18 can only get a payment default entry from enforcement. Adults can also get payment default entries outside of enforcement.
Question 8 / 10
Who or what is a "debtor"?
Right!
There are always two parties to a debt: the one owing money and the one to whom money is owed. The debtor is the one owing money.
Wrong!
There are always two parties to a debt: the one owing money and the one to whom money is owed. The debtor is the one owing money.
Question 9 / 10
Who or what is a "creditor"?
Right!
There are always two parties to a debt: the one owing money and the one to whom money is owed. The creditor is the one to whom money is owed.
Wrong!
There are always two parties to a debt: the one owing money and the one to whom money is owed. The creditor is the one to whom money is owed.
Question 10 / 10
You have bought a phone on instalments and have now lost it. Will you have to keep paying the instalments for the phone?
Right!
Wrong!
Result: 0 / 10