A ______ score is a number that represents your creditworthiness.
Credit and Debt

Quiz
•
Financial Education
•
8th Grade
•
Medium
Dani Boepple
Used 6+ times
FREE Resource
13 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
When you borrow money, the amount you owe is called ____.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
________ is the fee you pay for borrowing money, usually a percentage of the amount borrowed.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
It's important to make your monthly payments on ____ to avoid penalties and late fees.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The maximum amount you can borrow on a credit card is called the credit _____.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the fee charged for borrowing money?
Principal
Interest
Equity
Balance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can negatively impact your credit score?
Paying bills on time
High credit card balances
Having a variety of credit types
Low credit utilization
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