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Credit Vocabulary

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

A number assigned to a person that indicates how likely they are to repay a loan.

a)

Credit score

b)

credit report

c)

credit limit

d)

statement closing date

2.

A request by a bank or other institution to view a person’s credit report

a)

credit limit

b)

credit report

c)

hard credit check

d)

credit score

3.

The amount of credit a person is using compared to their credit limit.

a)

credit utilization

b)

credit score

c)

credit report

d)

hard credit check

4.

A fixed amount of money to be repaid on a set schedule.

a)

credit score

b)

credit utilization

c)

credit limit

d)

installment loan

5.

The last day of a person’s billing cycle and the day the statement is sent to the person.

a)

hard credit check

b)

credit score

c)

statement closing date

d)

credit report

6.

The maximum amount of money a person can borrow.

a)

statement closing date

b)

installment loan

c)

credit limit

d)

credit score

7.

A statement of a person’s credit activity, accounts and credit score.

a)

credit utilization

b)

credit report

c)

credit score

d)

credit limit

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