Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
the cost of the loan each year expressed as a percentage (All lenders are required by law to calculate APR the same way.)
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
the fee a credit card company charges for the use of their credit card
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
when the value of an asset falls below what is owed on it
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
the length of time that the lender charges no interest on money borrowed when you pay off your balance in full each month
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
which of the following % rates can you expect to pay for a credit card?
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
the length of time you have to pay the loan (Remember, the longer the loan, the lower your monthly payment and the greater the interest paid.)
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
the maximum amount of money the lender is willing to loan to an applicant
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
the charge for setting up a loan (often associated with home loans)
Loan Term
annual fee
Grace Period
origination fee
credit limit
20-25%
Negative Equity
Annual Percentage Rate
Check it!
Match it!
Match it!