WorksheetsDebit & Credit Lessons 1-4
Total questions: 19
Worksheet time: 10mins
_____________ help people complete4 transactions with their money safely, quickly and conveniently.
financial institutions
credit unions
banks
internet bank
mobile banking
A not-for-profit cooperative that offers bank services and is owned by its members.
financial institutions
credit unions
banks
internet bank
mobile banking
A for-profit institution that offers personal loans, mortgages, and other services.
online banking
credit unions
banks
internet bank
mobile banking
A financial institution that is only on the web . . . it does not offer brick-and-mortar branches.
online banking
credit unions
banks
internet bank
mobile banking
A wireless service that allows financial transactions by using an app or Web browser from a mobile device.
online banking
interest
cash
internet bank
mobile banking
An electronic way to view account activity and pay bills via the internet and an institution's website.
online banking
interest
cash
internet bank
mobile banking
A card authorizing the holder to buy goods and services that can be paid for later.
credit card
interest
cash
credit
debit
A card authorizing the holder to buy goods and services as if they were paying cash. The money is immediately subtracted from the cardholder's bank account when a purchase is made.
credit card
interest
debit card
credit
debit
The amount of financial trust extended to a person or a business by a lender; a loan.
credit card
interest
debit card
credit
debit
An amount deducted from a bank account.
credit card
interest
debit card
credit
debit
A written order for a bank to pay money.
cash
interest
check
credit
debit
Money in the form of bills or coins.
cash
interest
check
credit
debit
A fee received or paid for the use of money.
paypal
interest
check
bankruptcy
forclosure
an online payment service that allows consumers to transfer money electronically
paypal
interest
check
bankruptcy
forclosure
a legal process that gives a debtor protection from creditors
paypal
interest
check
bankruptcy
forclosure
a legal process in which a lender takes possession of mortgaged property from a mortgage holder who failed to make payments
paypal
interest
check
bankruptcy
forclosure
A credit ___________ determines a consumers' creditworthiness.
report
score
A credit ___________ is a standardized measurement of the potential to repay debt.
report
score
What is found on the credit report? Check all that apply.
previous addresses
Social security number
existing loans & credit accounts with amount wed and payment history
estimated income
previous and current employers
