Argylls8 cjm
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Credit | Arrangement to receive credit.
🗑
|
||||
| Consumer credit | The use of credit for personal needs.
🗑
|
||||
| Creditor | Entity that lends money.
🗑
|
||||
| Closed-end credit | one-time loan that is paid back over a specific period of time.
🗑
|
||||
| Open-end credit | a loan with a certain amount of money you can borrow.
🗑
|
||||
| Line of credit | a maximum amount of money that a creditor will allow you to borrow.
🗑
|
||||
| Name four kinds of loans. | expensive, home equity,inexpensive,medium-priced
🗑
|
||||
| Three kinds of credit cards | debit, co-branding, smart cards
🗑
|
||||
| Grace period | time when no finance charges will be added to your account.
🗑
|
||||
| finance charge | total dollar amount you use to use credit
🗑
|
||||
| net income | the income you receive (take home pay)
🗑
|
||||
| annual percentage rate(APR) | the cost of credit on a yearly bases
🗑
|
||||
| collateral | a form of security to help guarantee the creditor will be repaid
🗑
|
||||
| simple interest | interest computed only on the principal, the amount you borrow
🗑
|
||||
| credit rating | the measure of s persons ability and willingness to make credit payments
🗑
|
||||
| cosigning | a loan means that you agree to be responsible for the loan payments if the other person fails to make them
🗑
|
||||
| Bankrupty | is a legal process in which some or all the assets of a debtor are distributed among the creditor
🗑
|
||||
| variable interest rate | based on changing rates in the banking system
🗑
|
||||
| shorter term | shorter the period of time you will borrow
🗑
|
||||
| minimum mounthly payment | the smallest amount you can pay and remain a browwer in a good standing
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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
Normal Size Small Size show me how
Created by:
modycartin
Popular Finance sets