$ Money

$ Money

KG

59 Qs

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Assessment

Quiz

Fun

KG

Practice Problem

Hard

Created by

Elijah Rogers

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59 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who recieves something with a promise to return it or its equivalent

tax lien

lender

credit

borrower

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a loan of a certain amount of money that a borrower must repay ina aspecified number of equa payments. (installment credit)

tax lien

lender

credit

closed end credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

busfinesses hired by lenders to pursue payments on debtsthat borrowers have not paid back according to the terms of the credit contract

tax lien

lender

credit

collection agency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a person who is equally responsible for paying back debt undrer the credit terms

tax lien

lender

credit

co signer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

refers to goods, services and or money recieved in exchange for a promise to pay back a definite sum of money art a future date

tax lein

lender

cosigner

credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a record of the borrower's past loans and credit-relateed transactions

taxlien

lender

credit

credit history

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a maximum dollar amount that can be borrowed

tx lien

lender

credit

credit limit

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