Credit Quiz

 

Click on the radio button in front of the correct answers to the questions.

1. This allows the user to obtain goods, services or money in return for future payments.

interest credit deposit

2. This is how much you owe a credit card company at any given time - how much you can charge up to.

interest line of credit deposit

3. The money that businesses are lent is called

interest deposit capital

4. Money that is lent to individuals so they can purchase goods or services is

consumer credit deposit interest

5. What does a bank or lending institution require in order for you to have a credit card

Ability to pay off the credit card debt

A high school diploma

A business

 

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