Credit
This three-digit number helps lenders determine your creditworthiness.
What is a credit score
This investment represents ownership in a company
What is a stock
This type of account is designed for everyday spending and bill payments
What is a checking account
This type of insurance helps pay medical expenses
What is health insurance
This crime occurs when someone uses your personal information without permission
What is identity theft
Paying only this amount on a credit card balance will result in more interest charges over time.
What is the minimum payment
This investment is essentially a loan you make to a government or corporation
What is a bond
Banks usually pay interest on this type of account
What is a savings account
The amount you pay regularly to keep insurance coverage active is called this
What is a premium
You should avoid clicking suspicious links in these fraudulent emails
What are phishing emails
This ratio compares how much debt you have to your available credit.
What is credit utilization
The process of earning interest on your original money and previous interest is called this
What is compound interest
This federal agency insures deposits up to certain limits at most banks
FDIC
The amount you pay out of pocket before insurance begins paying is called this
What is a deductible
This document allows you to check information used to calculate your credit score.
What is a credit report
Missing payments on loans and credit cards can negatively affect this
What is your credit score?
This investment generally offers higher potential returns but higher risk than bonds
What are stocks
Using more money than is in your checking account may result in this fee
What is an overdraft fee
This insurance is required for most drivers in New Jersey
What is auto insurance
One way to protect your online accounts is by enabling this security feature
What is two-factor authentication
This type of loan is backed by collateral, such as a car or house.
What is a secured loan
Spreading money among different investments to reduce risk is called this.
What is diversification
This document lists all activity in your bank account for a specific period
What is a bank statement
This type of insurance helps replace income if you cannot work because of an injury or illness
What is disability insurance
You are entitled to receive this from each major credit bureau every year.
What is a free annual credit report