Show:
Mortgage Loans
Auto Loans
Student Loans
Credit
Pay Check
100

Fails to pay back the loan.

What is DEFAULT

100

What kind of loan do consumers receive money from a lender to purchase a vehicle and agree to pay back the loan over time with interest. 

What is AUTO LOANS.

100

What type of loan is easier to qualify for than any type of loan?

What is STUDENT LOAN.

100

Credit can raise your standard of living by allowing you to buy expensive, big-ticket items that you may not have the money to buy.

What is PURCHASING POWER
100
Amounts of money subtracted from a worker's gross pay.

What is DEDUCTIONS

200

An interest rate that remains the same while the loan is being paid.

What is FIXED RATE

200

How can a car get repossessed?

What is DEFAULTS

200
Offers low interest rates without interest-free benefits and grace period 

What is FEDERAL UNSUBSIDISED LOANS

200

Provided as a loan for specific amount of money that must be repaid in a specific time period.  When the loan is paid, it ends and can't be reused.

What is closed-end credit

200

Employee healthcare and insurance payments, union dues, savings deposits, retirement contributions, and charitable contributions. 

What is OPTIONAL or VOLUNTARY

300

This commonly ranges from 10-30 years.  

What is TERM. 

300

A consumer can get an auto loan from a bank, a credit union and?

What is AUTO DEALERSHIP.

300

Provided by banks, private institutions, online lenders, or credit unions.

What is PRIVATE STUDENT LOANS

300

Bad credit scores, forces lenders to require.

What is higher fees and deposits.

300
The number of days and employee works and is paid for each paycheck.

What is Pay Period

400

Mortgage allows interest rate to vary during the life of the loan.  

What is ADJUSTABLE RATE

400
How can a consumer get a better auto loan term?

What is higher the credit score. 

400

low interest rates, interest-free while attending college, and have a grace period after student graduates.

What is FEDERAL SUBSIDIZED LOANS

400

Credit scores indicate

What is credit worthiness

400

Fixed amount of money per year paid to an employee.

What is Salary

500
Besides a house, what else can you purchase with a mortgage loan?
What is real estate.
500

Auto loans are also known as automobile loans, car loans, and car financing.

What is TRUE.

500

The interest rates for federal loans are set by.

What is the government

500

Can be used repeatedly with the option of paying the full balance  or making monthly payments.  

What is REVOLVING CREDIT.  

500

The amount of money remaining after taxes have been deducted that a person can spend as he/she wishes.

What is DISPOSABLE INCOME