Credit Vocab Grade 6

Front

A thing that is borrowed, usually a sum of money

Back

Loans

Front

Money paid regularly for the use of lent money

Back

Interest

Front

A bank card for purchasing on credit

Back

Credit Card

Front

A bank card for electronic money transfer during purchases.

Back

Debit Card

Front

An account at a bank for deposits and withdrawals

Back

Checking Account

Front

A rating of your previous responsibility with credit

Back

Credit Score

Front

APR

Back

Annual Percentage Rate

Front

Original sum of money invested or lent

Back

Principal

Front

Purchases or advances on a credit card not yet paid back.

Back

Credit Card Debt

Front

Someone who signs with a borrower for loan approval

Back

Co-Signer