Vocab Fill in the Blank
Withdrawal or Deposit?
How to Write a Check
Positive or Negative Impact.
100

______ is a statement that has info about your credit activity.

Credit Report

100

Debbie pays her rent by writing a $400 check to her landlord.

Withdrawal

100

How much money is the payee receiving? 

What is $2450.42

100

Opened a few credit accounts and never used them.

What is Negative Impact

200

What is Debt?

Money goods or services you owe to others.

200

Money is automatically transferred into Andrew's checking account for earnings from her job .

Deposit

200

Who is this check written to?

What is Ted Lasso

200

You have a credit card with high limit and low balance.

Positive Impact?

300

This is a legal process when someone does not have enough money to pay off all debt.

What is a Bankruptcy.

300

Amanda received two checks for her birthday. She went to her bank, filled out a slip and gave the check to the bank teller.

What is deposit

300

When was this check written?

What is August 31st, 2023

300

Using less than 30% of total available credit.

What is Negative Impact?

400

_______ is a company in the business of dealing with money and transactions.

Financial Institution 

400

Patricia wants to give her sister $20 for her birthday. When Patricia goes to the bank to get the money, would she need to make a deposit or a withdrawal?

What is Withdrawal?

400

What was the reason for writing this check?

What is an IOU?

400

Having a long credit history.

What is Positive Impact?

500

_______ is a company used by the lenders or creditors to get funds that are past due.

What is a Collections Agency

500

Tina had a balance of $400 in her savings account. She made a withdrawal of $50. How much does she have in her savings account now?

What is $350?

500

Who wrote this check?

What is Roy Kent?

500

What are the three different credit agencies?

What is Equifax, Experian, TransUnion.

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