Types of Credit

Sí o No

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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!

Creada por

HEIDI PENDERGRAFF

Estados Unidos

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Types of CreditVersión en línea 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! por HEIDI PENDERGRAFF 1 Mortgage Yes No 2 Cash Yes No 3 Student Loan Yes No 4 Credit Card Yes No 5 Rent to Own Yes No 6 Payday loans usually have lower interest rates Yes No 7 Pawn Shop Yes No 8 Car Loan Yes No 9 Stocks Yes No 10 Payday Loan Yes No 11 Certificate of Deposit Yes No 12 Credit Cards are an example of closed-ended (installment) credit Yes No 13 When borrowing money the total amount should be less than 20% of annual net income Yes No 14 The government is one example of a credit source Yes No 15 Open-ended credit offers many options for paying back the loan as long as the minimum payment is made each month. Yes No

Types of CreditVersión en línea

por HEIDI PENDERGRAFF

Mortgage

Yes

Cash

Yes

Student Loan

Yes

Credit Card

Yes

Rent to Own

Yes

Payday loans usually have lower interest rates

Yes

Pawn Shop

Yes

Car Loan

Yes

Stocks

Yes

Payday Loan

Yes

Certificate of Deposit

Yes

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

Yes

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

Yes

The government is one example of a credit source

Yes

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

Yes

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Types of Credit

Sí o No

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Types of CreditVersión en línea

por HEIDI PENDERGRAFF

Mortgage

Cash

Student Loan

Credit Card

Rent to Own

Payday loans usually have lower interest rates

Pawn Shop

Car Loan

Stocks

Payday Loan

Certificate of Deposit

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

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

The government is one example of a credit source

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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