Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove Ads
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how


Credit Reports & Scores

borrower one receives something, promising to return it or its value
closed-end credit (installment credit) loan with specific amount of $; borrower must repay w/ certain payment #'s
collection agency businesses hired by lenders to pursue payments on debts that borrowers have not paid back according to terms of the credit score
co-signer person equally responsible for paying back debts under the credit terms
credit goods, services, money received in exchange for a promise to repay definite sums of $ at a later date
credit history borrower's records of past loans and credit-related transactions
credit limit max. amount to be borrowed
credit report person's records of credit usage
credit reporting agencies (credit bureaus) agencies that create credit reports based on info. they receive from lenders regarding a borrower's account history w/ that lender
credit score numerical summary of one's credit history; indicates the likelihood of loan repayment
foreclosures borrower fails to keep up w/ mortgage payments & lender overtakes property
lender one(s) who makes funds available to borrow
open-end credit (revolving credit) line of credit established in advance so that a borrower does not have to apply for credit each time new credit is desired
tax lien legal claim by govt. entities to take one's property or income when their taxes are not paid in full
Created by: Tate.cord70