finance

finance

Assessment

Flashcard

Other

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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55 questions

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1.

FLASHCARD QUESTION

Front

Interest and fees you pay on a credit card balance

Back

finance charges

2.

FLASHCARD QUESTION

Front

Getting service and paying for them later

Back

service credit

3.

FLASHCARD QUESTION

Front

A new loan arrangement that allows you to make reduced payments, usually on a temporary basis

Back

loan modification

4.

FLASHCARD QUESTION

Front

A service to help consumers manage credit and avoid bankruptcy

Back

credit counseling

5.

FLASHCARD QUESTION

Front

A number that represents the risk a lender takes when you borrow money

Back

credit score

6.

FLASHCARD QUESTION

Front

Plastic card linked to a credit account that can be used to make purchases

Back

credit card

7.

FLASHCARD QUESTION

Front

A penalty charged when you fail to make your minimum payment by the assigned due date

Back

late fee

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