Credit Vocab and Credit Reports
Authored by Mandi Wilson
Financial Education
9th - 12th Grade
Used 1+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A number that predicts the likelihood that a debt will be repaid on time.
Credit Score
Credit Report
Secured Credit Card
Credit-Builder loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shows your bill payment history, current debt and other financial information
Credit Score
Credit Report
Secured Credit Card
Credit-Builder loan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Requires a cash deposit that becomes the credit line
Credit Score
Credit Report
Secured Credit Card
Credit-Builder loan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan where the amount you borrow is held in an account while you make payments
Credit Score
Credit Report
Secured Credit Card
Credit-Builder loan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Offered by stores such as gas stations, retail chains and department stores
Retail Store Credit Card
Character
Capacity
Collateral
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Information that lenders gather about a borrower's willingness to repay a loan.
Retail Store Credit Card
Character
Capacity
Collateral
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Information lenders gather about the borrower's ability to repay a loan.
Retail Store Credit Card
Character
Capacity
Collateral
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