Financial Terms

How many years does bad credit stay on your credit report?

• 3 years

• 5 years

• 10 years

• 7 years

Which credit score is considered "excellent"?

• 800-850

• 650-699

• 750-799

• 700-749

You can open a Savings account when

• Any age

• You have a job

• You are 18 years old

• You have parental consent

Difference in a credit union and a bank

• Only credit unions offer savings accounts

• Only banks offer loans

• Banks are for-profit, credit unions are not

• Credit unions are for-profit, banks are not

A loan where you borrow money to buy a house

• Auto loan

• Mortgage

• Credit card

• Personal loan