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.
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 An arrangement to receive cash, goods, or services now and pay in the future.
Consumer credit The use of credit for personal needs.
Creditor A lender of money.
What can misused credit lead to? Bankruptcy or loss of creditworthiness.
An advantage of credit Gives time to pay for the good or service.
A disadvantage of credit Temptation to spend too much.
Closed-end credit A one time loan payed over a specified period of time.
Open-end credit A loan within a certain limit you can borrow for purchases.
Line of credit The maximum amount of money a creditor will allow to be borrowed by a credit user.
Grace period A time period with no financial charges added to your account to pay a debt.
Finance Charge The total
Debit cards are mostly used at... Automated Teller Machines (ATM's).
Net income Your take-home pay.
Annual Percentage Rate (APR) The cost of credit on a yearly basis.
A variable interest rate is based on... Changing rates in the banking system.
Collateral Form of security to help guarantee the creditor will be repaid..
True or false: a credit card is the same as a debit card False
Simple interest Interest computed only on the principal.
Credit rating A measure of a person's ability to make credit payments on time.
Cosigning A loan that means you agree to be responsible for the loan payments if the other person fails them.
Created by: ELCURTIS