Cards
What card is used to buy things with borrowed money?
Credit Card
What is the yearly cost of borrowing money from someone called?
Annual Percentage Rate (APR)
What is a good thing to have when you are trying to get a house?
Mortgage
What is the name of a person who signs with another to take half of payments?
Cosigner
How much wood could a woodchuck chuck if a woodchuck could chuck wood?
A.) none
B.)a dam sized pile
C.) 720 lbs
D.) The Amazon rainforest
B.) A Dam-sized Pile
What card is used to buy things with your own money?
In between the end of the collecting cycle and the turn-in date is called what?
Grace Period
What is the paper that grants a person ownership of an object but pays the owner of the object money from time to time?
Lease
What is the regular and planned paying of a person's debt called?
Amortilization
What is Evan's full legal name?
Evan Christopher Guerra
When buying things, what is it called when a card gives you a reward for spending money on cards?
Cash Back or Reward
If you are late to pay your borrowed money back do you have to pay more back?
Yes (payment fee)
What is the connecting of businesses or people with money-givers through an online app?
Peer-to-Peer (P2P) Lending
What is the difference between protected and unprotected loans?
protected requires collateral and unprotected does not
OR
protected has lower risk to lenders and unprotected has higher risk
OR
protected has lower interest rate and unprotected has higher interest rate
OR
protected is easier for lower credit people and unprotected is for higher credit people
A duck walked up to the lemonade stand and said what to the man running the stand?
Hey!~~ Got any grapes?
What is the time and place of buying something called?
Point of Sale (POS)
What is the smallest total a credit card giver makes you pay before the turn-in date called?
Minimum Payment
What is the amount of money (before taxes) that pays off you borrowing money for things called?
Debt-to-Income (DTI) Ratio
What type of loan has a constant interest rate?
Fixed-rate Loan
Which 2 players in Brewers history have hit a walk off home run on Mother's Day against a team from New York while wearing the number 2?
Brice Turang & Billy Hill
What is the limit of the money a person gives you on a credit card called?
Credit Limit
How much does a normal late payment fee make you pay? ($0-$100)
$30-$41
How many types of loans are there? (1 to 10)
9
What is a person called that is trusted with the use of another persons credit card?
Authorized User
What did the man running the stand say after the duck's question?
No