
Credit
Quiz
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Hard
Christen Sanders
Used 46+ times
FREE Resource
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21 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
An open-ended credit agreement that offers alternative payment arrangements is a(n)
2.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
An individual is considered a(n)_____ if their credit score is high and is most likely to pay back their debts.
3.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Loan against the available credit on an individual's account is a(n) _________.
4.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
_______ cards can generally be used around the word at the many places where they are accepted.
5.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
_____ is a policy of making loans that are unlikely to be repaid.
6.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The purpose of credit is to serve as a(n) _____ that allows people to buy goods and services and pay for them at a later time.
7.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
A(n) _____ is a preapproved maximum amount that an individual can borrow.
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