WorksheetsUnit 3: Lesson 2 Debit & Credit
Total questions: 18
Worksheet time: 9mins
A legal process that gives a debtor protection from creditors.
debit
bankruptcy
foreclosure
check
An online payment service that allows consumers to transfer money electronically.
Cash
Debit Card
Direct Deposit
Pay Pal
The amount deducted from a bank account.
Debit
Credit
Cash
Paypal
A legal process in which a lender takes possession of a property from a person who failed to make payments.
Check
Bankruptcy
Foreclosure
Cash App
A card authorizing the holder to purchase goods and services that can be paid for later.
Debit Card
Credit Card
Cash
Check
Money in the form of bills or coins.
Debit
Paypal
Check
Cash
A written order for a bank to pay money.
Cash
ATM
Check
Debit Card
The amount of money owed.
Debit
Credit
Debit Card
Paypal
The amount of financial trust extended to a person or a business.
Debit
Credit
Debit Card
Check
A card that is like cash where money is immediately subtracted from the cardholders bank account when a purchase is made.
Credit Card
Check
Debit Card
Cash
Many banks will offer debit cards to teens between the ages of ?
18-19
6-10
11-12
13-17
Credit is a privilege.
True
False
APR stands for.
Annual Protection Region
Annual Percentage Rate
Awesome People Really Care
All People Read
The maximum amount of money a cardholder can borrow.
Debit Limit
Minimum Payment Due
Finance Charge
Credit Limit
The amount of money a bank or card company charges for use of its card services for a year.
Annual Fee
Credit Limit
Finance Charge
Annual Savings
The cost of credit or the fees and interest charged to unpaid balance.
APR
Annual Fee
Finance Charges
Minimum Payment Due
The lowest amount of money that can be paid to meet a loan requirement.
Maximum Payment Due
Previous Balance
Minimum Payment Due
Credit Limit
The amount still owed from purchases before the cycle charge.
Credit Limit
Previous Balance
Minimum Payment Due
Finance Charges
