Credit
This term refers to the extra amount charged by a credit card issuer on outstanding balances, usually expressed as a percentage.
What is Interest
This type of credit allows the borrower to borrow, pay back, and borrow again up to a certain limit, with interest charged on the balance.
What is revolving credit
This type of card is linked directly to a checking account and allows the cardholder to make purchases or withdraw cash using their own funds.
What is a debit card
This type of credit requires a fixed repayment schedule, with the borrower receiving a lump sum upfront and paying it back in installments.
What is installment credit
This gas makes up about 78% of the Earth's atmosphere.
What is Nitrogen
This term refers to a measure of a person's creditworthiness, often represented by a number ranging from 300 to 850
What is a Credit Score
This type of credit does not require collateral, relying instead on the borrower’s creditworthiness and financial history.
What is unsecured credit
This type of card is preloaded with a set amount of money and can be used like a debit or credit card, but it is not linked to a bank account.
What is a pre-paid card
This type of credit requires the borrower to pledge an asset, like a home or car, as collateral to secure the loan.
What is secured credit
This is the longest river in the world, flowing through eleven countries in northeastern Africa.
What is the Nile?
This is the government-authorized measurement that provides consumers with one free.....term
What is a Credit Report
This type of loan is specifically used for purchasing a home and is typically secured by the property itself.
What is a mortgage
What type of card would be used to buy an asset of large expense?
What is a credit card
This type of credit involves borrowing money and paying it back in fixed installments, usually with an interest rate.
What is an Installment loan
This "Bad Guy" singer gained worldwide fame with her debut album When We All Fall Asleep, Where Do We Go? in 2019.
Who is Billie Eillish
This is the maximum amount a credit card holder can borrow from a credit card issuer.
What is Credit Limit
This type of loan is unsecured, meaning it doesn’t require collateral, and is typically based on the borrower’s creditworthiness.
This is a feature of some credit and debit cards that allows users to make contactless payments, simply by tapping the card near a payment terminal.
What is tap to pay
This type of payment plan allows consumers to purchase goods upfront and pay for them in installments, often without interest if paid within a specified time.
What is buy now pay later
This popular TV show, set in a small town called Hawkins, has gained a massive following since its debut on Netflix in 2016.
What is Stranger Things
This term describes the record of your borrowing and repayment behavior, which is used to calculate your credit score.
What is credit History
This loan allows homeowners to borrow against the equity they’ve built in their home, either as a lump sum or line of credit.
What is a HELOC
What would be charged on a credit card when the principal of the card is not paid off in full every month?
What is interest
This loan is typically used to help students pay for education-related expenses and may offer deferred repayment until after graduation.
What is a student loan
This famous actor starred in the Pirates of the Caribbean series as Captain Jack Sparrow and is known for his eccentric style and personality.
Who is Johnny Depp