Credit and Loans
This type of card uses your own money.
What is a debit card?
This is your pay BEFORE taxes.
What is gross pay?
This is a legal agreement between a tenant and landlord.
What is a lease?
This is money you borrow to buy a car.
What is a loan?
This document lists your skills, education, and experience.
What is a resume?
This type of card allows you to borrow money and pay later.
What is a credit card?
This is your take-home pay AFTER deductions.
What is net pay?
This is money you pay upfront that you may get back later.
What is a security deposit?
This monthly cost protects you in case of accidents.
What is insurance?
This section of a resume explains your goals.
What is an objective?
This is the extra money paid for borrowing money.
What is interest?
This tax pays for Social Security and Medicare.
What is FICA?
Name ONE utility that is sometimes included in rent.
What is (Water, trash, sometimes internet)
This is a hidden cost that includes repairs like tires and brakes.
What is maintenance?
These are people who can speak about your work or character.
What are references?
This number (300–850) shows how responsible you are with credit.
What is a credit score?
Name ONE reason taxes are taken from your paycheck.
What is (Government programs, roads, schools, etc.)
Name ONE utility you almost always pay yourself.
What is (Electricity, phone, internet)
If a car costs $15,000 but you pay $18,000, what is the extra $3,000 called?
What is interest?
PLAAFP stands for this.
What is Present Levels of Academic Achievement and Functional Performance?
This box on a credit card application shows APR, fees, and important terms.
What is a Schumer Box?
If you earn $1,000 and $200 is taken out, what is your net pay?
What is $800?
In Tucson, this company provides electricity.
What is Tucson Electric Power (TEP)?
Name TWO costs of owning a car besides the payment.
What is (Insurance, gas, maintenance)
These help support you in class without changing the content.
What are accommodations?