Consumer Credit Pop Quiz

An unexpected expense is a ___.

An item of value used to secure a loan is known as ___,

_____ takes place when the creditor comes and takes possession of an item the debtor defaulted on.

The branch of economics that deal with economic reality that can be proven is ___ economics.

The length of time you make payments on a loan is the loans ___.

_____ is using borrowed money to make a profit.

The type of loan that requires collateral is a ___ loan.

___ is the science of choice.

The type of loan that requires the borrower to make regularly scheduled payments is an ___ loan

____takes place when your employer uses a part of your paycheck to pay back a debt you defaulted on.