Unit 6 Review
Authored by Reagan Johnson
Mathematics
9th - 12th Grade
CCSS covered
Used 7+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much you owe each creditor individually and in total; 30% of your credit score is based on this.
Amounts Owed
New Credit
Payment History
Types of Credit
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who has permission to use and/or carry another person's credit card, but isn't legally responsible for paying the bill.
Credit Score
Credit Card
Authorized User
Collections
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A legal proceeding carried out to allow individuals or businesses freedom from their debts, while simultaneously providing creditors an opportunity for repayment.
Credit Bureau
Bankruptcy
Collections
Default
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An attempted recovery of a past-due credit obligation or debt by a collection department or agency.
Debt Settlement
Bankruptcy
Default
Collections
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An agreement in which a borrower receives something of value now and agrees to repay the lender in the future, generally with interest.
Credit
Credit Card
Credit Report
Credit Score
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A consumer-reporting company that collects and sells information about how individual people manage their credit (e.g. Equifax).
Credit
Credit Bureau
Credit Report
Credit Score
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A record of a person's use of credit over time; 15% of your credit score is based on the length.
Amounts Owed
Credit History
Payment History
New Credit
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
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