Checking and Loans Vocab

Front

Writing a future date on a check means __________ that check.

Back

post-dating

Front

Monthly bank paperwork showing balance and activity is called _______________.

Back

Bank statement

Front

Fee paid to the bank for borrowing money.

Back

interest

Front

A balance is:

Back

how much money you have in your bank account.

Front

A home loan is also called a:

Back

mortgage

Front

Money borrowed from a bank:

Back

loan

Front

Money deposited electronically from your employer:

Back

direct deposit

Front

Signing a check means you __________________ it.

Back

endorse

Front

If your bank account is overdrawn, it means ______________.

Back

that you have gone negative

Front

Report showing credit score & payment history:

Back

credit report