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Credit History Vocabulary

Authored by DELLA WALLEY

Life Skills

6th - 8th Grade

Credit History Vocabulary
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An arrangement where a customer leaves money with  bank for safekeeping and they can access it at any time 

Account

Revenue

Credit

Budget

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To accept, confirm or say yes to something 


Allow

Approve

Consent

Accept

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To take and use something from someone else with the promise of giving it back



Promise

Use

Lend

Borrow

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The status of being trusted to borrow money to buy something and pay it back later 



Lend

Credit

Lease

Promise

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic card given by a store or bank that allows consumers to buy things now and pay the money back later.

Credit Card

Store Card

Agreement

Account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The condition of not meeting legal requirements; failure to make payments on time.


Late Fee

Tardy

Delinquent

Late

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To refuse  a request 

Deny

Refuse

Reject

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