asdfghjljopuewq credit v

asdfghjljopuewq credit v

10th Grade

21 Qs

quiz-placeholder

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asdfghjljopuewq credit v

asdfghjljopuewq credit v

Assessment

Quiz

Mathematics

10th Grade

Medium

CCSS
RI.9-10.4, 6.RP.A.3C, L.11-12.4C

+13

Standards-aligned

Created by

Ashanti Smiley

Used 14+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who has permission to use and/or carry another person's credit card, but isn't legally responsible for paying the bill

Financial Adviser

Credit Counselor

Principal

Authorized User

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of time you have to repay your entire loan

Principal

Term

Interest

Serial

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small loan, offered through a business, lent at a high interest rate, and meant to be paid as soon as you receive your next paycheck

Payday Loan

Private Loan

Personal Loan

Title Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic card that allows you to make purchases now with borrowed money, which then you must repay to the lender in one lump sum or in monthly payments with interest

Credit Card

Charge Card

Debit Card

Smart Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who legally agrees to take responsibility for a person's debt if they cannot repay it

Payee

Cosigner

Codebtor

Principal

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.8.2D

CCSS.W.9-10.2D

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Original amount of money borrowed, separate from interest or fees

Customer

Term

Principal

Broker

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A loan in which the interest rate can change, based on prime rate or index rate, over the course of the loan

Revolving Loan

Secured Loan

Variable-Rate Loan

Fixed-Rate Loan

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