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Credit - modified

Authored by Sandy Reece

Life Skills

9th - 12th Grade

Used 2+ times

Credit - modified
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21 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a number assigned to a person that indicates to lenders their capacity to repay a loan.

credit worthiness

credit limit

credit score

consumer credit

credit history

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the maximum amount of money you can borrow

credit worthiness

credit limit

credit score

consumer credit

credit history

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

purchasing goods or services with credit

credit worthiness

credit limit

credit score

consumer credit

credit history

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a measure of your ability and willingness to repay a loan

credit worthiness

credit limit

credit score

consumer credit

credit history

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a promise to pay; an arrangement to receive cash, goods, or services now and pay for them in the future

interest

creditor

principal

credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the money paid for the use of borrowed money; the money you pay back

interest

creditor

principal

credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the money you borrow

interest

creditor

principal

credit

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