Chap. 10 - Vocab Test
Flashcard
•
Business
•
10th - 12th Grade
•
Practice Problem
•
Hard
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16 questions
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1.
FLASHCARD QUESTION
Front
Money a lender provides to a borrower, expecting future repayment.
Back
credit
2.
FLASHCARD QUESTION
Front
Organizations that collect credit information about consumers
Back
credit bureaus
3.
FLASHCARD QUESTION
Front
Summarizes an individual's credit history, including credit applications, payment records, late fees, and public information.
Back
credit report
4.
FLASHCARD QUESTION
Front
A person's credit record
Back
credit history
5.
FLASHCARD QUESTION
Front
Numeric score assessing creditworthiness
Back
credit score
6.
FLASHCARD QUESTION
Front
Using personal info without permission for gain
Back
identity theft
7.
FLASHCARD QUESTION
Front
Used for specific purchases, allows more time to repay.
Back
installment credit
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