Banking
A bank account that allows the owner to make deposits, write checks, and withdraw money
What is a Checking Account?
This is a plan for the use of money over time based on goals, expenses, and expected income
What is a Budget?
This legally binding document is required when using credit; between the borrower and lender
What is a contract?
A numerical measure of a loan applicant's creditworthiness
What is a Credit Score?
This person is the face on the US $10 bill
Who is Alexander Hamilton?
This type of bank is one that provides all products/services exclusively online
What is an Internet/online Bank?
This type of expense is the easiest to budget for because the amount does not fluctuate
What is a fixed expense?
A credit card or line of credit is this type of credit
What is Open End Credit?
APR, Fixed and Variable are type of this
What is Interest?
Having this type of savings account is a great way to save for emergencies
What is an Emergency Fund?
This type of bank card is attached to a checking account to use at ATMs, stores, or other places that accept card payments
What is a Debit Card?
Using this software program can help you calculate and analyze your financial data to evaluate over time
What is a spreadsheet?
A mortgage or car loan is this type of credit
What is Closed End Credit?
A card that you use to access a line of pre-established, revolving credit (aka borrowing money)
What is a Credit Card?
Which 2 states in the United States share the most borders with other states?
What is Tennessee and Missouri?
Wells Fargo and Bank of America are this type of bank
What is a Commercial Bank?
These two items are classified on a Net Worth Statement as "items you own vs items you owe"
What are Assets and Liabilities?
This may be required when establishing a closed end credit.
What is collateral or down payment?
The 3 Credit Bureaus that issue credit scores
What is Equifax, TransUnion, and Experian?
Mrs. Jones favorite holiday
What is Christmas?
This type of bank started out in the mid 1800s as a way to encourage people to save and purchase homes/land
What is a Savings and Loan Association?
This money is what remains after a person has paid all expenses over a period of time
What is disposable/discretionary income?
Unsecured Credit may require this person along with the original borrower
What is a co-signer?
The 3 C's of Creditworthiness.
What is Character, Capital and Capacity?
Daily Double:
Mrs Jones is having this gender.
What is a Girl?