Credit Reports 22
Flashcard
•
Mathematics
•
6th - 7th Grade
•
Hard
+10
Standards-aligned
Wayground Content
FREE Resource
Student preview
15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a credit report?
Back
A credit report is a detailed record of an individual's credit history, including information about credit accounts, payment history, and any negative items like bankruptcies or foreclosures.
2.
FLASHCARD QUESTION
Front
Where do foreclosures appear on a credit report?
Back
Foreclosures appear in the 'Potentially negative items' section of a credit report.
Tags
CCSS.RI.5.3
CCSS.RI.6.3
CCSS.RI.6.5
CCSS.RI.7.3
CCSS.RI.7.5
3.
FLASHCARD QUESTION
Front
True or False: Paying cash for all purchases helps build a positive credit history.
Back
False. To build a positive credit history, you need to use credit responsibly and make timely payments.
Tags
CCSS.RI.5.3
CCSS.RI.6.3
CCSS.RI.6.5
CCSS.RI.7.3
CCSS.RI.7.5
4.
FLASHCARD QUESTION
Front
What happens if you don't pay your rent?
Back
If you don't pay your rent, it can show up on your credit report as a negative item.
Tags
CCSS.RI.6.3
CCSS.RI.6.5
CCSS.RI.7.3
CCSS.RI.7.5
CCSS.RI.8.5
5.
FLASHCARD QUESTION
Front
Who is a lender?
Back
A lender is a bank, financial institution, or person that provides money to borrowers with the expectation of being paid back.
Tags
CCSS.RI.6.2
CCSS.RI.7.2
CCSS.RL.6.1
CCSS.RL.7.1
CCSS.RL.7.2
6.
FLASHCARD QUESTION
Front
True or False: A credit report determines if a lender will allow you to borrow money.
Back
False. A credit report provides information, but the lender makes the final decision.
Tags
CCSS.RI.5.3
CCSS.RI.6.3
CCSS.RI.6.5
CCSS.RI.7.3
CCSS.RI.7.5
7.
FLASHCARD QUESTION
Front
What is a credit inquiry?
Back
A credit inquiry is a request by a lender to check your credit report when you apply for credit.
Create a free account and access millions of resources
Similar Resources on Wayground
15 questions
Checking Accounts, Debit Cards, and Credit Cards (Week 1)
Flashcard
•
6th Grade
15 questions
6th Math STAAR Review
Flashcard
•
6th Grade
15 questions
Credit Report
Flashcard
•
6th Grade
15 questions
Credit Reports
Flashcard
•
6th Grade
15 questions
Debit vs. Credit & Credit Reports
Flashcard
•
6th Grade
15 questions
Balancing a Check Register & Credit Reports (Week 2)
Flashcard
•
6th Grade
15 questions
Financial Literacy Vocabulary
Flashcard
•
6th Grade
15 questions
Credit and Debit Cards
Flashcard
•
6th Grade
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
ELA Advisory Review
Quiz
•
7th Grade
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade
Discover more resources for Mathematics
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
20 questions
Distribute and Combine Like Terms
Quiz
•
7th - 9th Grade
20 questions
Adding and Subtracting Integers
Quiz
•
6th Grade
20 questions
Adding and Subtracting Integers
Quiz
•
6th Grade
21 questions
Convert Fractions, Decimals, and Percents
Quiz
•
6th Grade
15 questions
proportional relationships in tables graphs and equations
Quiz
•
7th Grade