jeopardy true/false termslaws q$100 q$200 q$300 q$400 q$500 q$100 q$200 q$300 q$400 q$500 finalfinal...
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JeopardyJeopardyTrue/False True/False Terms Laws
Q$100
Q$200
Q$300
Q$400
Q$500
Q$100
Q$200
Q$300
Q$400
Q$500
Final Jeopardy
Three Cs
Q$100
Q$200
Q$300
Q$400
Q$500
Q$100
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Q$500
Q$100
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$100 Question from True/False$100 Question from True/False
A down payment is a partial payment made at the time of the purchase--
True or False?
$100 Answer to True/False$100 Answer to True/False
What is True.
$200 Question from True/False$200 Question from True/False
The date on which a loan must be repaid is known as the final payment
date--True or False?
$200 Answer to True/False$200 Answer to True/False
What is False.
$300 Question from True/False$300 Question from True/False
The three Cs of credit are character, capacity and creditworthiness --True
or False?
$300 Answer to True/False$300 Answer to True/False
What is False.
$400 Question from True/False$400 Question from True/False
A credit bureau gathers and reports information on credit users--True or False?
$400 Answer to True/False$400 Answer to True/False
What is True.
$500 Question from True/False$500 Question from True/False
Property that is used as security for a loan is called collateral--True or
False?
$500 Answer to True/False$500 Answer to True/False
What is True.
$100 Question from True/False$100 Question from True/False
The legal process of reducing or eliminating money owed is bankruptcy--True or False?
$100 Answer to True/False$100 Answer to True/False
What is True.
$200 Question from True/False$200 Question from True/False
The annual percentage rate states the percentage cost of credit per month--
True or False?
$200 Answer to True/False$200 Answer to True/False
What is False.
$300 Question from True/False$300 Question from True/False
A credit counselor is employed by a collection agency--True or False?
$300 Answer to True/False$300 Answer to True/False
What is False.
$400 Question from True/False$400 Question from True/False
A credit application is a business or individual who is willing and able to provide information
about your creditworthiness--True or False?
$400 Answer to True/False$400 Answer to True/False
What is False.
$500 Question from True/False$500 Question from True/False
If you cannot pay your bills, the last thing you should do is contact the
creditor--True or False?
$500 Answer to True/False$500 Answer to True/False
What is False.
$100 Question from Terms$100 Question from Terms
Someone who becomes responsible for payment of a note if you do not
pay as promised.
$100 Answer to Terms$100 Answer to Terms
Who is a cosigner?
$200 Question from Terms$200 Question from Terms
The cost of using someone else’s money.
$200 Answer to Terms$200 Answer to Terms
What is interest?
$300 Question from Terms$300 Question from Terms
A person who suggests actions to reduce and eliminate credit
difficulties.
$300 Answer to Terms$300 Answer to Terms
Who is a credit counselor?
$400 Question from Terms$400 Question from Terms
The privilege of using someone else’s money for a period of time.
$400 Answer to Terms$400 Answer to Terms
What is credit?
$500 Question from Terms$500 Question from Terms
A loan in which you agree to make monthly payments in specific amounts over a period of time.
$500 Answer to Terms$500 Answer to Terms
What is an installment loan?
$100 Question from Laws$100 Question from Laws
The law that prohibits creditors from denying credit based on age, race,
sex, or marital status.
$100 Answer to Laws$100 Answer to Laws
What is the Equal Credit Opportunity Act?
$200 Question from Laws$200 Question from Laws
The law that allows you to withhold payment due on defective
merchandise purchased with a credit card.
$200 Answer to Laws$200 Answer to Laws
What is the Fair Credit Billing Act?
$300 Question from Laws$300 Question from Laws
The law that requires lenders to clearly state the annual percentage
rate and total finance charges.
$300 Answer to Laws$300 Answer to Laws
What is the Truth-in-Lending Law of 1968?
$400 Question from Laws$400 Question from Laws
The law that requires that debt collectors treat you fairly and bans
certain debt collection actions.
$400 Answer to Laws$400 Answer to Laws
What is the Fair Debt Collections Act?
$500 Question from Laws$500 Question from Laws
The law that gives consumers the right to know what information credit
bureaus are providing about them.
$500 Answer to Laws$500 Answer to Laws
What is the Fair Credit Reporting Act?
$100 Question from Three Cs$100 Question from Three Cs
Your current salary.
$100 Answer to Three Cs$100 Answer to Three Cs
What is capacity?
$200 Question from Three Cs$200 Question from Three Cs
The amount of money you have in savings.
$200 Answer to Three Cs$200 Answer to Three Cs
What is capital?
$300 Question from Three Cs$300 Question from Three Cs
Your reputation for honesty.
$300 Answer to Three Cs$300 Answer to Three Cs
What is character?
$400 Question from Three Cs$400 Question from Three Cs
The value of your assets.
$400 Answer to Three Cs$400 Answer to Three Cs
What is capital?
$500 Question from Three Cs$500 Question from Three Cs
Your employment history.
$500 Answer to Three Cs$500 Answer to Three Cs
What is character?
Final Jeopardy QuestionFinal Jeopardy Question
Experian, Equifax and TransUnion.
Final Jeopardy AnswerFinal Jeopardy Answer
What are the three major credit bureaus?