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/Score

Closed‐end credit A loan of a certain amount of money that a borrower must repay in a specified number of equal payments. Also known as installment credit
Co‐signer A person who is equally responsible for paying back debt under the credit terms
Credit Refers to goods, services and/or money received in exchange for a promise to pay back a definite sum of money at a future date
Credit history A record of the borrower’s past loans and credit‐related transactions
Credit limit The maximum dollar amount that can be borrowed
Credit report A record of a person’s use of credit
Credit reporting agencies Agencies that create credit reports based on the information they receive from lenders regarding a borrower’s account history with that lender. Sometimes called credit bureaus
Credit score A numerical summary of your credit history that indicates your credit worthiness (likelihood of repaying a loan as agreed)
Open‐end credit A line of credit established in advance so that a borrower does not have to apply for credit each time new credit is desired. Also known as revolving credit
Created by: kb9115