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Froggy Jumps
Froggy Jumps

WISE Credit Basics Quiz

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WISE Credit Basics Quiz

Froggy Jumps

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Credit terms for personal finance

Created by

Thomas Hall
Thomas Hall
United States

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WISE Credit Basics Quiz
 

Froggy Jumps

WISE Credit Basics QuizOnline version

Credit terms for personal finance

by Thomas Hall
1

What term means the amount borrowed before interest?

2

What term describes the yearly cost of borrowing as a percentage?

3

What term is the remaining loan amount after payments?

4

What type of loan is backed by collateral?

5

What term refers to a loan that doesn't require collateral?

6

What term means a set of regular payments to repay a loan?

7

What is a credit line that allows ongoing charges up to a limit?

8

What term refers to the cost of borrowing money?

9

Which act requires disclosure of loan terms and costs?

10

What term is a numeric measure of creditworthiness based on history?

 
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