Build Vocab quiz 1
Authored by brandi joice
Other
9th - 12th Grade
Used 2+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Annual Fee
The fee you pay for a credit card each year
The interest rate you pay on balances you carry over from month to month on a credit card
A person allowed to use a credit card account by the primary cardholder
How reliable you are in repaying debts
Property or financial resources that can be used as insurance in case the loan is not repaid
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Collateral
The fee you pay for a credit card each year
The interest rate you pay on balances you carry over from month to month on a credit card
A person allowed to use a credit card account by the primary cardholder
How reliable you are in repaying debts
Property or financial resources that can be used as insurance in case the loan is not repaid
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Character
The fee you pay for a credit card each year
The interest rate you pay on balances you carry over from month to month on a credit card
A person allowed to use a credit card account by the primary cardholder
How reliable you are in repaying debts
Property or financial resources that can be used as insurance in case the loan is not repaid
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Authorized user
The fee you pay for a credit card each year
The interest rate you pay on balances you carry over from month to month on a credit card
A person allowed to use a credit card account by the primary cardholder
How reliable you are in repaying debts
Property or financial resources that can be used as insurance in case the loan is not repaid
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Annual Percentage Rate (APR)
The fee you pay for a credit card each year
The interest rate you pay on balances you carry over from month to month on a credit card
A person allowed to use a credit card account by the primary cardholder
How reliable you are in repaying debts
Property or financial resources that can be used as insurance in case the loan is not repaid
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