Debt, loans, credit cards and interest
Tests: 7 of 11 right · Exam: 2 of 4 right · Kind: ★ · Understood: 9 of 15 · Run: 2026-10-18, commit f3c23ea72
Lesson 24 of the money course of Mova's primary school, as Mova's small model took its tests: it had read this lesson and the ones before it and learned from their exercises. Each test shows the options in the order the student saw them, its choice, the right answer, the score of every option and why it chose. The lesson itself, sentence by sentence with trees and pragmatics: the lesson in the corpora.
Every question of this lesson and each of its options parsed by Mova, with trees and pragmatics: the lesson's questions in the corpora.
Test 1 · ★ · wrong ✗
Your cousin says, "A credit card is basically free money, bro, the bank just gives it ya." What's wrong?
- 1. It's free money as long as you lose the card — score 3
- 2. It's borrowed money that must be paid back, often with interest — ✓ the right answer · score 4
- 3. Cards are free money but only on weekends — no support
- 4. Nothing, banks give free money to everyone with a card — ← Mova's choice · score 6
Why: It took the question to ask which statement is true. It chose option 4 with score 6, against 4 for the next best. Its support: lesson 3, line 4: «Money-changing shops give you a little less than the real rate and keep the difference as their pay, and airport shops often give the worst rates because trave…», reached through the remembered sentence the question matched. What matched: the same action «pay» (+3); the same doer «bank» (+3). The right option, 2, scored 4. · the question and its options parsed, with trees and pragmatics
Test 2 · ★ · right ✓
An advert flashes, "Buy now, pay later! No stress!" What would happen if you missed two of the monthly payments?
- 1. You'd still owe the money and might pay fees on top — ← Mova's choice · ✓ the right answer · score 4
- 2. Nothing, missed payments are always forgiven — no support
- 3. The shop would cancel the debt and simply forget all about it — no support
- 4. The telly would become free after two months — no support
Why: It took the question to ask what happens next. It chose option 1 with score 4, the only option with support. Its support: lesson 24, line 6: «To borrow is to take money you must give back; debt is the money you still owe; to repay is to pay it back.», reached through the option's own match among the sentences about the question's things. What matched: the same action «owe» (+2); the same thing acted on «money» (+2). · the question and its options parsed, with trees and pragmatics
Test 3 · ★ · wrong ✗
Uncle Joe, a gurt kind fella from Bristol, says, "Pay us back a tenner a week, no interest, proper job." ("Gurt" means very; "proper job" means great.) How long does £50 take?
- 1. 5 weeks, and Dad pays back £60 — ← Mova's choice · score 6
- 2. 5 weeks, and Dad pays back exactly £50 — ✓ the right answer · score 6
- 3. 4 weeks, and Dad pays back £40 — score 6
- 4. 10 weeks, and Dad pays back £50 in the end — score 6
Why: It took the question to ask what something is like. It chose option 1 with score 6, tied with another option at 6 (the first shown, or the one claiming less beyond what it knows, wins). Its support: lesson 24, line 7: «Paying back £10 a week clears a £50 debt in £50 ÷ £10 = 5 weeks.», reached through the remembered sentence the question matched. What matched: it fills the role the question asks for (+4); the same action «pay back» (+2). The right option, 2, scored 6. · the question and its options parsed, with trees and pragmatics
Test 4 · ★ · right ✓
Ben's cousin says, "That website loan was sus, I owe double now." ("Sus" means suspicious, dodgy.) What lesson is he learning?
- 1. Banks are worse than dodgy websites every time — no support
- 2. Some lenders charge huge interest, so borrow carefully and compare — ← Mova's choice · ✓ the right answer · score 11
- 3. Owing double is normal for every kind of loan — no support
- 4. Websites always lend money for free to young people — score 8
Why: It took the question to ask what it is done to. It chose option 2 with score 11, against 8 for the next best. Its support: lesson 24, line 12: «Some lenders charge huge interest, so £200 borrowed can grow to £400 owed; a loan shark is someone who lends illegally at huge cost.», reached through the same lesson line as the sentence the question matched. What matched: the same action «charge» (+3); the same doer «lenders» (+3); it fills the role the question asks for (+3); the same thing acted on «huge interest» (+2). · the question and its options parsed, with trees and pragmatics
Test 5 · ★ · wrong ✗
Lucy's brother says, "Pay me £6 back — nah, call it £7 — or I'm telling Mum!" She borrowed £5. How much extra does he want now?
- 1. £1 — ← Mova's choice · no support
- 2. £7 — no support
- 3. £12 — no support
- 4. £2 — ✓ the right answer · no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
Test 6 · ★ · right ✓
Maya's friend says, "My parents have a mortgage, so they're in debt, so they're bad with money." What's true?
- 1. A mortgage is a normal debt that helps families buy a home — ← Mova's choice · ✓ the right answer · score 3
- 2. A mortgage is a gift, so it isn't really debt — no support
- 3. She's right, all debt means bad money skills — no support
- 4. Mortgages are only for people who never pay bills — no support
Why: It took the question to ask which statement is true. It chose option 1 with score 3, the only option with support. Its support: lesson 24, line 13: «Some debt can help, like a mortgage for a home; debt for things you can't afford, like an unpaid credit card, can trap people.», reached through the option's own match among the sentences about the question's things. What matched: the same action «help» (+2); the same doer «debt» (+1). · the question and its options parsed, with trees and pragmatics
Test 7 · ★ · right ✓
In a game, your character buys everything on credit and the debt just vanishes at the next level. What's wrong with that?
- 1. Real debts get smaller each month on their own — no support
- 2. In real life the bank pays your debt for you — no support
- 3. In real life debt stays until it's paid back, often with interest — ← Mova's choice · ✓ the right answer · score 4
- 4. Nothing, real debts also vanish after a while — no support
Why: It took the question to ask which statement is true. It chose option 3 with score 4, the only option with support. Its support: lesson 24, line 16: «A credit score is a number showing how well someone pays back debts; paying on time every month keeps it good and makes borrowing easier later.», reached through the option's own match among the sentences about the question's things. What matched: the same action «pay back» (+2); the same thing acted on «debts» (+2). · the question and its options parsed, with trees and pragmatics
Test 8 · ★ · right ✓
Mum says, "My credit score's good, it's like a report card for paying stuff back." What would happen if she missed lots of payments?
- 1. Her score would drop, and borrowing would get harder — ← Mova's choice · ✓ the right answer · score 4
- 2. Her score would go up, because she kept her money — no support
- 3. Nothing, because scores never change once they're first set — no support
- 4. The bank would send her a reward for saving — no support
Why: It took the question to ask what happens next. It chose option 1 with score 4, the only option with support. Its support: lesson 24, line 3: «Picture Lucy borrowing £5 from her brother, who says, "Pay me back £6 or I'm telling Mum!": that extra £1 is interest, and on a fiver it is a lot, a whole fift…», reached through the option's own match among the sentences about the question's things. What matched: the same action «borrow» (+2); the same doer «mum» (+2). · the question and its options parsed, with trees and pragmatics
Test 9 · ★ · wrong ✗
A lad from Cardiff says, "Mam's tamping, the card bill's gone up again." ("Tamping" means furious.) It went from £300 to £306. Why?
- 1. The shop raised the sofa price after she bought it — no support
- 2. Cards add £6 every month to everyone, paid or not — score -2
- 3. She didn't pay it all off, so £6 interest was added — ✓ the right answer · no support
- 4. The card company gives £6 to people who pay late — ← Mova's choice · score 2
Why: It took the question to ask why something happens (its cause). It chose option 4 with score 2, against -2 for the next best. Its support: lesson 21, line 16: «Paying a bill late can add a late fee: a £60 bill with a £15 fee becomes £75.», reached through the option's own match among the sentences about the question's things. What matched: the same action «pay» (+2); the same property (+1). Against it: a different thing acted on (counts against) (-1). The right option, 3, found no support in what it remembers. · the question and its options parsed, with trees and pragmatics
Test 10 · ★ · right ✓
Ali's dad pays the debt charity £50 a month — sorry, £60 — on £1,200. How many months now?
- 1. 20 months — ← Mova's choice · ✓ the right answer · no support
- 2. 60 months — no support
- 3. 24 months — no support
- 4. 12 months — no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
Test 11 · ★ · right ✓
Your mate says, "Interest is when you're interested in something, innit." In money, what is it really?
- 1. Extra money paid for borrowing, or paid to savers — ← Mova's choice · ✓ the right answer · score 5
- 2. Something you find really fun and exciting to read about — no support
- 3. A fee for asking the staff any questions at the bank — no support
- 4. Money you get just for being a good, loyal customer — no support
Why: It took the question to ask a circumstance (with what, when, how). It chose option 1 with score 5, the only option with support. Its support: lesson 8, line 8: «Borrowing means taking money you must pay back; money you owe is called a debt.», reached through the option's own match among the sentences about the question's things. What matched: it fills the role the question asks for (+3); the same thing acted on «money» (+2); the same circumstance (+2). Against it: a different action (counts against) (-1); a different doer (counts against) (-1). · the question and its options parsed, with trees and pragmatics
Exam question 1 · formal language · wrong ✗
It is given that a sum of £1,000 is advanced by way of a loan and that the borrower is obliged to repay £1,100. Determine the interest payable.
- 1. £1,100 — ← Mova's choice · no support
- 2. £10 — no support
- 3. £100 — ✓ the right answer · no support
- 4. £2,100 — no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
Exam question 2 · formal language · wrong ✗
Ascertain the number of months required to discharge a debt of £1,200 by means of monthly instalments of £50.
- 1. 20 — ← Mova's choice · no support
- 2. 24 — ✓ the right answer · no support
- 3. 12 — no support
- 4. 60 — no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
Exam question 3 · formal language · right ✓
Which of the following statements most accurately characterises the effect of settling the balance of a credit card in full each month?
- 1. No interest is incurred upon the sums expended — ← Mova's choice · ✓ the right answer · no support
- 2. A penalty is levied for early repayment of the balance — no support
- 3. Interest is doubled in respect of the sums expended — no support
- 4. The card is thereupon cancelled by the issuing bank — no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
Exam question 4 · formal language · right ✓
Select the response consistent with the established facts concerning the arrangement known as "buy now, pay later".
- 1. It constitutes a form of borrowing, and failure to pay instalments may incur fees — ← Mova's choice · ✓ the right answer · no support
- 2. It relieves the purchaser of any obligation to pay — no support
- 3. It is available exclusively in respect of purchases of food — no support
- 4. It constitutes a gift, the cost of which is borne by the retailer — no support
Why: No option found support in what it remembers, so it guessed: it took the first option shown. · the question and its options parsed, with trees and pragmatics
This page in Markdown → https://md.mova.elamur.ai/free/en/school-run/money/24-debt-loans-credit-cards-and-interest/