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



Where to Borrow commercial banks, credit unions and building societies.
Overdraft bank allows you to spend more money than you have in your account.
Term Loan loan from between 2 to 5 years.
Long-Term Loan loan for a period of over 5 years.
Mortgage loan for a house. It is over a 20 year period and if you don't pay it the bank sells the house.
Credit Union Loan loan from the credit union.
Moneylender a person who gives loans to other people who can't get a loan anywhere else. They carry a very high rate of interest.
Rights to be told the APR, to know the cost of the loan, to know the number of instalments and the right to be able to cancel the loan.
Responsibilities budjeting properly, ensuring the loan is paid on time, tell the truth and use the money for the purposes agreed.
Interest the price of borrowing money.
Flat Rate annual rate calculated as a percentage of the original sum borrowed.
Annual Percentage Rate (APR) the actual rate of interest charged on a loan.
Created by: businesspook