Credit and Debt
Authored by Joe Carroll
Social Studies
12th Grade
Used 45+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Money that is borrowed and expected to be paid back with interest
Loan
Credit
Bankruptcy
Lender
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The person, bank or company who you are borrowing money from
Loan
Principal
Interest
Lender
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An installment loan that provides money for a car
Personal Loan
Auto Loan
Mortgage
Student Loan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An installment loan that provides money for a house
Personal Loan
Auto Loan
Mortgage
Student Loan
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An obligation owed by one party to a second party
Debt
Debit
Bankruptcy
Interest
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An initial payment made when something is bought on credit
Debt
Down Payment
Principal
Interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An installment loan that provides funds borrowers can use for college tuition, textbooks, or living expenses
Personal Loan
Auto Loan
Mortgage
Student Loan
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
