Five "C's" of Credit
Types of Checks
Banking Security
Writing Checks
General Banking Knowledge
100
Making loan payments on time or late could affect this
What is your Credit History?
100
FREE SPACE
What is FREE?
100
Due to this 1929 occurrence, banks can only lend a portion of your funds to borrowers
What is the Great Depression?
100
Which part is missing?
What is the "Check Payers Name"?
100
How money is transferred from person to person in this generation
What is a Wire Transfer?
200
Covering your loan with another item of value
What is your Collateral?
200
Theses checks are risky for businesses to accept
What is a personal check?
200
Funds you earn on your money for making deposits
What is Interest?
200
Your signature on the back of a check
What is an Endorsement?
200
Located inside a banks vault, you store important items here
What is a Safety Deposit Box?
300
Explanation of how you plan to use the loan
What is your Conditions?
300
This type of check is stamped, guaranteeing an account holder has proper funds
What is a Certified Check?
300
The most secure form of payment
What is a Check?
300
What portion of the check is filled incorrectly?
What is "The Memo"?
300
One of the first ways EFT's were introduced; still popular for use today
What is an ATM?
400
All other assets that help you repay loans
What is your Capital?
400
The bank is responsible for paying this type of check
What is a Cashiers Check?
400
This government organization insures banks
What is the FDIC?
400
Which portion of the check is filled incorrectly?
What is the "Written Value" section?
400
Because of this economic occurrence, your money changes in value
What is Inflation?
500
Changing careers frequently could affect this
What is your Credit Capacity?
500
This checks primary value ranges from $0.01 - $1,000
What is a Money Order?
500
The number that helps an ATM identify you
What is a PIN Number?
500
Which portion of the check is filled incorrectly?
What is "Nothing is incorrect"?
500
When a company connects to your bank account and collects the bill amount issued to you
What is an Automatic Withdrawal?