THE SUPPLYING OF MONEY, GOODS, OR SERVICES NOW,
IN EXCHANGE FOR THE PROMISE OF FUTURE PAYMENTS IS THIS
What is C-R-E-D-I-T !
100
A FIRM THAT COLLECTS INFORMATION ABOUT THE CREDIT WORTHINESS OF CONSUMERS
What is A CREDIT BUREAU ?
100
THE MAXIMUN AMOUNT OF CREDIT THAT A CREDITOR WILL EXTEND TO A BORROWER IS THIS
What is A CREDIT LIMIT ?
100
THIS LEGISLATION REQUIRES CREDITORS TO ADIQUATELY INFORM CONSUMERS BOUT CREDIT TERMS AND COSTS, REVEALING THE apr, HOW VARIABLE RATES ARE CALCULATED, WHEN PAYMENTS ARE DUE AND ALL FEES IS THIS
What is THE TURTH IN LENDING ACT ?
100
A FEE PAID YEARLY BY THE CREDIT CARD HOLDER FOR THE PRIVILAGE OF USING THAT CARD IS THIS
What is AN ANNUAL FEE?
200
A BUSINESS OR ORGANIZATION THAT EXTENDS CREDIT IS THIS
What is A CREDITOR ?
200
A PERSON WITH A STRONG ESTABLISHED CREDIT HISTORY WHO SIGNS A CREDIT APPLICATION AND CONTRACT ALONG WITH BORROWER IS THIS
What is A COSIGNER ?
200
THE ANNUAL RATE OF INTEREST THAT IS CHARGED FOR USING CREDIT IS THIS
What is APR ?
200
CAPACITY, CAPITAL, AND CHARACTER ARE THESE
What ARE THE THREE C'S OF CREDIT?
200
CREDIT THAT CA BE USED REPEATEDLY, SOMETIMES REFERRED TOAS A LINE OF CREDIT IS THIS
What is OPEN-ENDED- CREDIT ?
300
A ONE TIME EXTENSION OF CREDIT FOR A SPECIFIC AMOUNT AND TIME PERIOD IS THIS
What is CLOSED-END CREDIT?
300
A PATTERN OF PAST BEHAVIOR IN REGARD TO REPAYING A DEBT IS THIS
What is A CREDIT HISTORY ?
300
PERIOD OF TIME DURING WHICH THE BALANCE ON A CREDIT CARD MAY BE PAID IN FULL TO AVOID FINANCE CHARGES IS THIS
What is A GRACE PERIOD ?
300
A COOKIE
WHAT IS YOUR PRIZE FOR WINNING THIS GAME ?
300
A RECORD OF A PARTICULAR CONSUMER'S TRANSACTIONS AND PAMENT PATTERNS IS THIS
What is A CREDIT REPORT ?
400
THIS IS THE ORIGINAL AMOUNT BORROWED
What is THE PRINCIPAL ?
400
A NUMERICAL RATING, BASED ON CREDIT REPORT INFORMATION, THAT REPRESENTS A PERSON'S LEVEL OF CREDIT WORTHINESS IS THIS
What is A CREDIT STORE ?
400
A CARD WHICH CAN ONLY BE USED AT A SINGLE RETAILER IS THIS
What is A PRIVATE LABLE CREDIT CARD ?
400
A FEDERAL LAW ENSURING THAT ALL CONSUMERS ARE GIVEN A EQUAL CHANCE TO OBTAIN CREDIT IS THIS
What is THE EQUAL CREDIT OPPORTUNITY ACT ?
400
A SET PORTION OF A LOAN AMOUNT THAT THE BORROWER MUST PAY AT REGULARLY SCHEDULED INTERVALS IS THIS
What is AN INSTALLMENT LOAN
500
PROPERTY THAT IS PLEDGED RO GUARANTEE REPAYMENT OF A LOAN IS THIS
What is COLLATERAL ?
500
A FIRM THAT COLLECTS INFORMATION ABOUT THE CREDIT WORTHINESS OF CONSUMERS IS THIS
What is A CREDIT BUREAU?
500
THIS HAS TWO STEPS - 1. THE AMOUNT OWED AT THE END OF THE LAST BILLING CYCLE IS THE PREVIOUS BALANCE - AND 2.- THE PREVIOUS BALANCE X MONTHLY INTEREST RATE EQUALS THIS
What is THE PREVIOUS BALANCE METHOD OF CALCULATING FINANCE CHARGES ?
500
THIS ASSURES A CONSUMER'S RIGHT TO ACCESS HIS OR HER CREDIT FILE AND DISPUTE INCORRECT INFORMATION IS THIS
What is THE FAIR CREDIT REPORTING ACT ?
500
A CREDIT CARD PROMOTED TO CONSUMERS WITH ESTABLISHED CREDIT, OFFERS INCREASED CREDIT LINES AND OTHER BENIFITS . . . AND IS OF A PRECIOUS METAL COLOR . . . IS THIS