Credit Review

The type of financial aid that you can receive that you don't have to pay back.

• Grants

• Federal Student Loans

• Subsidized Loan

• Unsubsidized loan

When you are wanting to decrease your debt to credit ratio, you should ask your creditor to raise your (a)  

Norah wants to buy a car but she is short $1500 in her bank account. She goes to a (a)   to get a loan for the remaining balance of the car.

Luke wants to go to college so his school counselor helps him fill out the (a)   so that he can see if he qualifies for loans, work study, or grants.

Jayse knows that he can go online and request his free _________ to check his FICO score each year.

• Federal Credit Bureau

• credit Report

• credit score

• credit limit

Aliyah would like to go to college and is willing to take a part-time job at the college to help with Cost of Attendance. Aliyah is going to participate in _________ offered through FASFA.

• grants

• federal student loans

• work-study

• volunteerism

Eli has trouble getting a loan for a new house because he has never applied for any credit. He couldn't get the loan because he had no (a)  

Colton's family wants to help him with the purchase of his first car. His family takes out a ________ to help him have the down payment for the car.

• private loan

• credit limit

• grant

• scholarship

Rachel charged her books for college on her credit card. The amount she charged to her credit card is the ___________ amount.

• interest

• principle

• credit

Jeb decides he is going to purchase a TV from a rental to own store. He has 60 days same as cash to pay for the tv before the interest is added to his balance. What type of credit has Jeb entered into?

(a)