Credit - modified
Authored by Sandy Reece
Life Skills
9th - 12th Grade
Used 2+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a number assigned to a person that indicates to lenders their capacity to repay a loan.
credit worthiness
credit limit
credit score
consumer credit
credit history
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the maximum amount of money you can borrow
credit worthiness
credit limit
credit score
consumer credit
credit history
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
purchasing goods or services with credit
credit worthiness
credit limit
credit score
consumer credit
credit history
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a measure of your ability and willingness to repay a loan
credit worthiness
credit limit
credit score
consumer credit
credit history
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a promise to pay; an arrangement to receive cash, goods, or services now and pay for them in the future
interest
creditor
principal
credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the money paid for the use of borrowed money; the money you pay back
interest
creditor
principal
credit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the money you borrow
interest
creditor
principal
credit
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