Unit 3 Vocabulary
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9th - 12th Grade
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The complete record of your borrowing and repayment performance.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A responsible attitude toward honoring obligations, often judged on evidence in the person's credit history.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A determination that you are a good credit risk.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan for a specific amount that must be repaid in full, including all finance charges, by a stated due date.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Property pledged to assure repayment of a loan.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A credit arrangement that enables a borrower to use credit up to a stated limit.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of someone else's money, borrowed now with the agreement to pay it back later.
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