Ch. 7 Credit Cards

Ch. 7 Credit Cards

12th Grade

7 Qs

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Ch. 7 Credit Cards

Ch. 7 Credit Cards

Assessment

Quiz

Mathematics

12th Grade

Practice Problem

Medium

Created by

Amanda Taylor

Used 5+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a number assigned to a person that indicates how likely they are to repay a loan.

Credit Limit

Credit Score

Credit Report

Hard Credit Check (credit inquiry)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a statement of a person's credit activity, accounts and credit score.

Credit Score

Credit Utilization

Statement Closing Date

Credit Report

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the amount of credit a person is using compared to their credit limit.

Credit Utilization

Installment Loan

Credit Score

Credit Report

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the maximum amount of money a person can borrow.

Credit Report

Hard Credit Check (credit inquiry)

Credit Utilization

Credit Limit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the last day of a person's billing cycle and the day the statement is sent to the person.

Credit Utilization

Installment Loan

Statement Closing Date

Hard Credit Check (credit inquiry)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a request by a bank or other institution to view a person's credit report

Credit Report

Hard Credit Check (credit inquiry)

Installment Loan

Credit Score

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a fixed amount of money to be repaid on a set schedule.

Installment Loan

Credit Utilization

Credit Report

Credit Limit