Credit Terminology
Flashcard
•
Business
•
9th Grade
•
Practice Problem
•
Easy
Rebecca Dunhem
Used 1+ times
FREE Resource
Student preview
8 questions
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1.
FLASHCARD QUESTION
Front
Credit Rating
Back
Your credit score (points) that is converted into a rating, which can range from poor to excellent.
2.
FLASHCARD QUESTION
Front
Credit Score
Back
Number or points that measure your risk of paying lenders back.
3.
FLASHCARD QUESTION
Front
Credit Report
Back
Detailed report on a person’s credit history and habits.
4.
FLASHCARD QUESTION
Front
Borrower
Back
Person that promises to pay someone later.
5.
FLASHCARD QUESTION
Front
Credit Risk
Back
How likely a person will pay back a lender.
6.
FLASHCARD QUESTION
Front
Credit
Back
Borrowing money and promising to pay the debt later.
7.
FLASHCARD QUESTION
Front
Credit Bureau
Back
Organization that maintains records on people’s credit history and issues credit reports.
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