Credit Flashcard
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview
10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a Credit Score?
Back
A computer generated number of a consumer's likelihood to payback loans.
2.
FLASHCARD QUESTION
Front
What is considered a GOOD credit score?
Back
750
3.
FLASHCARD QUESTION
Front
Joe Blow has a car loan he has not been paying on time. He will most likely start to:
Back
Develop a bad credit history.
4.
FLASHCARD QUESTION
Front
What is the cost of credit?
Back
Interest
5.
FLASHCARD QUESTION
Front
How long do negative items remain on your credit report?
Back
7 years
6.
FLASHCARD QUESTION
Front
Debit cards and credit cards are the same thing.
Back
FALSE
7.
FLASHCARD QUESTION
Front
Life is more expensive for people with Bad Credit.
Back
TRUE
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