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money matters clique

money matters study stack

QuestionAnswer
The two basic forms of credit most commonly used are 1.credit card 2.installment loan
The_______ ______ ________ is the percentage of interest you pay on an annual basis based on how much you have borrowed annual percentage rate
You must pay at least the ______ _______ each month to avoid late charges and lowering your credit rating. minimum payment
When you_______ on a loan or a credit card, this means you have stopped making payments, usually because you are unable to afford the payments. default
For instance, while most credit cards and debit cards have 16-digit account numbers, ______ _______ only has 15-digit account numbers. American Express
The first____ _____ show which company has issued the card. six digits
If you have a credit limit of 500 dollars on your card, and you try to charge more than this amount before you have paid your bill, one of two things will happen. 1. Either the merchant will be told that the purchase cannot be approved 2. The credit
Created by: joshdun