3-1 Intro to Consumer Credit

3-1 Intro to Consumer Credit

9th - 12th Grade

20 Qs

quiz-placeholder

Similar activities

Loans - Reivew

Loans - Reivew

9th - 12th Grade

16 Qs

Review #2 Financial Literacy midterm

Review #2 Financial Literacy midterm

9th - 12th Grade

23 Qs

Consumer Credit 1/2

Consumer Credit 1/2

10th - 12th Grade

15 Qs

Review 8-1 to 8-3

Review 8-1 to 8-3

12th Grade

20 Qs

Mortgages and Amortization

Mortgages and Amortization

11th Grade

20 Qs

Ch. 5 Loans

Ch. 5 Loans

10th - 12th Grade

20 Qs

Financial Algebra CONSUMER CREDIT

Financial Algebra CONSUMER CREDIT

9th - 12th Grade

18 Qs

Unit 6 Quiz 2: Loans part 1 and 2 and Installment

Unit 6 Quiz 2: Loans part 1 and 2 and Installment

9th - 12th Grade

20 Qs

3-1 Intro to Consumer Credit

3-1 Intro to Consumer Credit

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

Created by

Anonymous Anonymous

Used 13+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Credit.

When you pay for something you purchase that day

When you purchase something and don't pay for it right away

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Creditor.

Organizations or individuals that extend credit to consumers

Someone sneaky that ruins your credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Assets

Everything you own. Car, house, etc..

The people in your life

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Earning Power

The amount of money you make in a year

Your ability to earn money now and in the future

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Credit Rating?

A count of the amount of credit cards you have

Your credit "report card"

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The FICO scale ranges from

300 to 850

79 to 900

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define Installment Plan

Paying for something over a period of time

The plan to install something new

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?