Credit Vocab
Authored by Larry Helmick
Business
11th Grade
Used 7+ times
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount owed on a credit card or loan
Balance
Credit
Interest
Capacity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the state of legally having been declared unable to pay off debts owed with available income
Bankruptcy
Debt
Credit
Credit Rights
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An arrangement to receive cash, goods, or services now and pay for them in the future.
Credit
Credit history
Credit report
Creditor
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
company that collects information about your credit history and sells it to lenders
Credit
Creditor
Credit Bureau
Credit cards
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
person or institution to whom money is owed
Creditor
Credit
Balance
Principal
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a detailed report of an individual's credit history
Credit Report
Credit Score
Creditor
Credit history
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a number assigned to a person that indicates to lenders their capacity to repay a loan.
Credit score
Credit report
Credit history
Credit bureau
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