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Business

9th -

12thgrade

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Personal Finance: Credit Reports and Scores

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19 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    A record of the borrower’s past loan and credit‐related

    transactions.

    Lender

    Credit History

    Credit Report

    Closed‐end Credit

  • 2. Multiple Choice
    30 seconds
    1 pt

    A loan of a certain amount of money that a borrower

    must repay in a specified number of equal payments.

    Lender

    Credit History

    Credit Report

    Closed‐end Credit

  • 3. Multiple Choice
    30 seconds
    1 pt

    When goods, services, and/or money is received in

    exchange for a promise to pay back a definite sum of money at a future date.

    Tax Lien

    Open‐end Credit

    Credit

    Closed‐end Credit

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