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Types of credit

Authored by Aimee Ross

Business

8th - 9th Grade

Used 3+ times

Types of credit
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These services let you pay for something in instalments. e.g. Afterpay

Personal loans

Buy now pay later

Home loans

Interest free deals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Generally used to buy a house or block of land.

Personal loans

Buy now pay later

Home loans

Interest free deals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These loans are used to pay for all kinds of things – weddings, renovations, holidays or consolidating their debts

Personal loans

Buy now pay later

Home loans

Interest free deals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you buy something on loan and the purchase is interest-free only for a certain period of time.

Personal loans

Buy now pay later

Home loans

Interest free deals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would be a credit provider of a home loan?

ANZ

Noel lemming

Smiths city

Moola

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would be a credit provider of pay day loan?

ANZ

Noel lemming

Smiths city

Moola

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following would be a credit provider of hire purchase?

ANZ

Noel lemming

Smiths city

Moola

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