Penalties
Types of Cards
Score
interest
companies
100
What a fee for not paying your debt off on time is called.
What is a late fee.
100
A private label card can be used anywhere. True or false.
What is false?
100
The thing that companies look at to determine weather you get a loan.
What is a credit score?
100
The thing that borrowers have to pay back as well as the loan money.
What is interest?
100
Credit card companies are multi___ companies.
What is billion dollar?
200
The amount of extra interest that you pay a credit card company on your non payed money. High or low.
What is High?
200
The type of card a VISA would be.
What is a general card?
200
The company that gives out credit scores.
What is a credit borough?
200
The thing that interest is.
What is a percent?
200
What do credit card companies do to the business of another company.
What is raise the amount?
300
The name of a period a credit card company gives for you to pay your bill.
What is a grace period?
300
The place a private label card can be used at.
Where is everywhere?
300
The factors that determine credit score.
What are history, amount owed, length, new credit, and type of credit?
300
What the interest on a credit card is. High or low.
What is High?
300
How credit card companies make their money.
What is by charging companies if they want to use their card?
400
The length of a grace period.
When is about three weeks?
400
The place a private label card can be used.
Where is the store that the card is supposed to be used at.
400
The thing that happens to your score when you do not pay a debt.
What is a decrease in credit score?
400
The thing that happens to interest if bills are not payed.
What is getting higher?
400
What is one of the reasons companies have a private label card.
Why is to build loyal customers?
500
The type of interest on credit cards.
What is compound?
500
The reason private label card are sold.
Why is to encourage customers to shop there.
500
The length of time you can not get loans in after declaring bankruptcy.
What is 7 years?
500
The reason it is hard to get out of credit card debt.
What is because of interest?
500
The reason companies can get the same amount of money if you pay in cash instead of a credit card.
Why is because companies pay a small amount of your purchase to a credit card company if you pay with the card, but not if you pay with cash.