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About this activity

In this game, players will determine whether each noun is a type of credit or not. Answer with ✅ if it is a type of credit and ❌ if it is not. Test your knowledge of financial terms and see how many you can get right!

Created by

HEIDI PENDERGRAFF
HEIDI PENDERGRAFF
United States

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Types of Credit
 

Types of CreditOnline version

In this game, players will determine whether each noun is a type of credit or not. Answer with ✅ if it is a type of credit and ❌ if it is not. Test your knowledge of financial terms and see how many you can get right!

by HEIDI PENDERGRAFF
1

Mortgage

2

Cash

3

Student Loan

4

Credit Card

5

Rent to Own

6

Payday loans usually have lower interest rates

7

Pawn Shop

8

Car Loan

9

Stocks

10

Payday Loan

11

Certificate of Deposit

12

Credit Cards are an example of closed-ended (installment) credit

13

When borrowing money the total amount should be less than 20% of annual net income

14

The government is one example of a credit source

15

Open-ended credit offers many options for paying back the loan as long as the minimum payment is made each month.

 
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