Personal Finance and Economic Wise Practice Test/ Mr. Phillips

Outstanding amount of money that is owed on a credit card bill

• Balance
• Down Payment
• Installment Loan
• Credit Limit

Your identification documents are taken or online personal files are hacked without your permission

• Credit History
• Cosigner
• Creditor
• Identity Theft

Shows every credit card ever taken out; a report on a persons creditworthiness.

• Credit Score
• Credit Report
• Credit History
• Credit Score

Character, Capital, Capacity

• The 3 C's Of Money
• The 3 C's of Credit
• The 3 C's Of Investing
• The 3 C's Of Banking

The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. This includes any fees or additional costs associated with the transaction.

• Return
• Preferred Stock
• APR
• Liability

A rise in the general level of prices

• Inflation
• Investment
• Personal Debt
• Premium

Certificate of ownership in a company which entitles the shareholder to vote for the board of directors of the corporation.

• Credit Bureau
• Credit Rating
• Stock
• Sales Tax

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks

• NYSE
• Dow
• NASDAQ
• none of these

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

• interest
• dividend
• profit
• none of these

The ________ is designed to make sure you have all of the information you need to make a healthy decision about borrowing money.

• Predatory Lending
• Truth In Lending Act