Argylls 8 credit- ME
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Credit | show 🗑
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| show | the use of credit for personal needs; also an indicator of consumer spending and demand
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| show | an entity that lends money
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| show | credit as a one-time loan that you will pay back over a specified period of time in payments of equal amounts
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| show | credit as a loan with a certain limit on the amount of money you can borrow for a variety of goods and services
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| show | maximum amount of money a creditor will allow a credit user to borrow
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| Loan | show 🗑
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| show | a time period during which no finance charges will be added to your account
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| Finance Charge | show 🗑
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| show | the income you receive; take-home pay, allowance, gifts, and interest
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| show | the cost of credit on a yearly basis, expressed as a percentage
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| Collateral | show 🗑
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| Simple Interest | show 🗑
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| Minimum Monthly Payment | show 🗑
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| show | credit rating measure of a person's ability and willingness to make credit payments on time
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| show | an agreement to be responsible for the loan payments if the other person fails to make them
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| Bankruptcy | show 🗑
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| Five C's of Credit | show 🗑
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| Credit Sources (5) | show 🗑
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| show | $50
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Created by:
maddievans11
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