Brian spend up to $500 on his credit card. This max amount is referred to as
What is CREDIT LIMIT/LINE
100
Using your credit card to get cash from an automated teller machine
What is a CASH ADVANCE
200
Ciara doesn't have to pay interest on her charges for 4 weeks. This period of time is referred to as the
What is GRACE PERIOD
200
Julianna takes years to pay off her balance because she pays the lowest possible payment. This is referred to as
What is the MINIMUM PAYMENT
200
Someone who pays off his or her entire credit card balance each month
What is a BALANCE PAYER
300
Christian pays a fee to a lender for use of their money.
This is fee is referred to as
What is INTEREST
300
Stephen throws out his statements and doesn't pay his bill. He might need someone to promise to pay his bill if he doesn't when applying for his next loan.
What is a COSIGNER
300
Rylee uses a plastic card to pay for purchases with funds that she has in her bank account. This card is called a
What is DEBIT CARD
400
Josiah pays a total of 18.99% interest. This acronym is know as
What is APR (ANNUAL PERCENTAGE RATE)
400
Kassidy pays the amount for 36 months to pay off her car loan with no additional/hidden costs. These payments are called
What is INSTALLMENTS
400
Raven only uses her credit card when she has the money in the bank to cover the charge. She is referred to as a
What is PURCHASE ENABLER
500
Skylar pays her bill after the due date and is charged this additional fee:
What is a LATE PAYMENT FEE
500
Leah notices that there are charges on her card that are fraudulent. How many days does she have to dispute the charges?
What is 60
500
Haylie purchases items on the spot without thinking of their collective cost. This type of purchase is called: