Test on Credit History & Credit Cards
  • 1. An arrangement where a customer leaves money with a bank for safekeeping and they can access it at any time.
A) Financial
B) Account
C) Lend
D) Credit
  • 2. To accept, confirm or say yes to something.
A) Approve
B) Deny
C) Lend
D) Credit
  • 3. To and use someone else with the promise of giving it back.
A) Credit
B) Borrow
C) Credit Card
D) Lend
  • 4. The status of being trusted to borrow money to buy something and pay it back later.
A) Lend
B) Account
C) Credit Card
D) Credit
  • 5. A plastic card given by a store or bank that allows consumers to buy things now and pay the money back later.
A) Lend
B) Credit Card
C) Credit
D) Fixed
  • 6. The condition if not meeting legal requirements; a failure to make payments on time.
A) Approve
B) Delinquency
C) Lend
D) Deny
  • 7. To refuse a request.
A) Lend
B) Credit
C) Delinquency
D) Deny
  • 8. Dealing with matters of money.
A) Credit Card
B) Financial
C) Lend
D) Credit
  • 9. Not moving or changing; staying the same.
A) Fixed
B) Fluctuating
C) None Mentioned.
  • 10. To give something to someone for an amount of time, with the knowledge that it will be given back' usually with an extra payment of interest.
A) Credit
B) Borrow
C) Lend
D) Credit Card
  • 11. To ask for an amount of money for goods and services.
A) Charge
B) Debt
C) Credit Card
D) Credit
  • 12. A person, bank, or company to whom money is due.
A) Creditor
B) Fee
C) Debt
D) Interest
  • 13. Something that is owed or must be paid back.
A) Charge
B) Debt
C) Interest
D) Credit
  • 14. An amount of money paid for a service.
A) Principal
B) Rate
C) Minimum
D) Fee
  • 15. The lowest or smallest possible amount.
A) None Mentioned
B) Minimum
C) Maximum
  • 16. An amount of money that is put in a bank on which interest is paid.
A) Principal
B) Credit
C) Rate
D) Interest
  • 17. A measurement of something like growth or speed.
A) Credit
B) Rate
C) Interest
D) Debt
  • 18. The status of being trusted to borrow money to buy something and pay it back later.
A) Interest
B) Debt
C) Credit Card
D) Credit
  • 19. A plastic card given by a store or bank that allows consumers to buy thing now and pay the money back later.
A) Fee
B) Interest
C) Credit Card
D) Debt
  • 20. Money that is paid for borrowing someone else's money.
A) Fee
B) Interest
C) Minimum
D) Maximum
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