an assessment of your financial trustworthiness in order to pay back money borrowed.

An agency that tracks all of your financial history in order to give you a credit score.

A plastic card that can be used as money, but you have to pay interest on it.

Money you have to pay to borrow money (-), or money you gain from a savings or retirement account (+).

The amount of time you have to pay money back.

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Credit Vocabulary

For Financial Literacy

Term	Definition
Credit	an assessment of your financial trustworthiness in order to pay back money borrowed.
Credit Bureau	An agency that tracks all of your financial history in order to give you a credit score.
Credit Card	A plastic card that can be used as money, but you have to pay interest on it.
Debt	Money you owe
Interest	Money you have to pay to borrow money (-), or money you gain from a savings or retirement account (+).
Terms	The amount of time you have to pay money back.