Consumer Credit
Authored by Natalia Shemelina
Mathematics
9th - 12th Grade
CCSS covered
Used 57+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When you purchase something and you do not pay for it immediately, you are using ...
debit
asset
credit
FICO score
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A person (or an organization) that extends the credit is called a ...
debtor
credit extender
creditor
mom
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Everything you own. Included in your financial history when applying for credit.
assets
property
earnings
debts
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your ability to earn money now and in the future. Included in your financial history when applying for credit.
credit rating
earning power
assets
future investment
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your credit "report card". Included in your financial history when applying for credit.
assets
earning power
credit rating
progress report
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The most common credit score, FICO score, ranges from ...
0 to 100
200 to 700
300 to 850
1 to 1000
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If my FICO score is 600, and I am taking out a loan, would the interest my creditor charges me be high or low?
High interest
Low interest
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