FL: Unit Two Quiz
Across
- 5. History tells lenders how long you have been using credit and how long you've had different accounts.
- 10. Restrictions on the amount that can be withdrawn.
- 14. To take money out of an account.
- 15. Are financial institutions that act as a middleman between buyers and sellers of financial instruments, such as stocks, bonds, and options.
- 17. Are not-for-profit organizations that exist to serve their members.
- 18. yield savings account an account that pays a higher interest rate than traditional savings accounts,
- 20. a three-digit number representing your creditworthiness. It helps lenders determine how likely you are to repay borrowed money.
- 21. a savings account that gains interest and has a set time before you can withdraw your money
- 22. Score higher than 800
- 24. an independent agency created by the Congress to maintain that your money is safe in the bank.
- 28. Credit tells lenders if you are opening and closing new credit accounts regularly.
- 29. Cost of borrowing money, expressed as a percentage.
- 30. Are a depository or lending institution that primarily serves businesses and individuals in a small geographic area.
- 31. An account designed to save money, often has limits on withdrawals.
- 32. tells lenders how much money you owe lenders already. It shows lenders how much debt you owe across all the credit you have, notjust one type.
- 33. money earned by other money put in a financial institution
Down
- 1. money is electronically deposited into your bank account.
- 2. tells lenders how well you have paid off your credit in the past.
- 3. who you address the check to.
- 4. A payment card that allows you to spend money directly from your checking or savings account.
- 6. Basic deposit accounts with low interest rates for storing money.
- 7. is one of the largest companies in the United States that generates credit scores.
- 8. A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
- 9. A type of savings account that pays a higher interest rate because the minimum balance is often high.
- 11. Are financial institutions that specialize in offering savings accounts and originating home mortgages, and are owned by depositors.
- 12. Score lower than 500
- 13. to put money into an account
- 16. Offer deposit accounts, loans, and limited financial advice to both consumers and businesses on a world-wide or country-wide scale.
- 17. Mix mix looks at the different types of credit you own.
- 19. a paper form that you fill out allowing the business or person to take money out of your shoe box at the bank.
- 23. How much money is required to stay in your account.
- 25. A transaction account designed to move money in and out of the account.
- 26. and A financial institution that provides banking and lending services.
- 27. which you can withdraw, deposit, and check balances