3. $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 Lend me the money I have to pay it back? To charge or not to charge Little of this little of that

4. $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $600 $800 $400 $1000 Lend me the money I have to pay it back? To charge or not to charge Little of this little of that

5. Category 1 $200 When you obtain loan credit you agree to repay the loan in specified amounts called _______

6. Category 1 $400 A _________ is the percentage cost of credit on a yearly basis.

7. Category 1 $600 A ________ is the total dollar cost of credit including interest and all other charges.

8. Category 1 $800 List the three C’s of credit

9. Category 1 $1000 The __________ act requires prompt correction of billing mistakes.

10. Category 1 $200-Answer Installments

11. Category 1 $400-Answer APR

12. Category 1 $600-Answer Financial Charge

13. Category 1 $800-Answer Character, capacity, Capital

14. Category 1 $1000-Answer Fair credit billing.

15. Category 2 $200 A type of credit in which customers pay nothing until the end of the loan period.

16. Category 2 $400 The fee a credit card company charges for the use of their credit card.

17. Category 2 $600 Businesses or individuals who are able and willing to provide information about your creditworthiness.

18. Category 2 $800 Someone who sells on credit or makes a loan

19. Category 2 $1000 A person’s reputation for paying bills on time.

20. Category 2 $200-Answer Single-payment loan

21. Category 2 $400-Answer Annual Fee

22. Category 2 $600-Answer Credit references

23. Category 2 $800-Answer Creditor

24. Category 2 $1000-Answer Credit rating

25. Category 3 $200 The maximum amount of money the lender is willing to loan an applicant.

26. Category 3 $400 Documents showing the debts you owe, how much you use credit, and whether you pay your debts on time.

27. Category 3 $600 Anyone who buys on credit or receives a loan.

28. Category 3 $800 A company that gathers information on credit users.

29. Category 3 $1000 Lower interest rate offered by credit card companies, usually for a short period of time, to entice you to sign up for credit with them. Eventually, the rate expires and a new “increased” rate takes effect.

30. Category 3 $200-Answer Credit Limit

31. Category 3 $400-Answer Credit report

32. Category 3 $600-Answer Debtor

33. Category 3 $800-Answer Credit bureau

34. Category 3 $1000-Answer Introductory rate

35. Category 4 $200 This law limits your liability to $50 for unauthorized credit card purchases made prior to notifying the card issuer

36. Category 4 $400 A form on which you provide information a lender needs to decide whether to grant you credit is called ______.

37. Category 4 $600 The date on which a loan must be repaid is the ______.

38. Category 4 $800 The total cost of using credit, including interest and fees.

39. Category 4 $1000 If you use a credit card to buy a shirt at the department store you are using this type of credit.

40. Category 4 $200-Answer Truth in lending act

41. Category 4 $400-Answer Credit application

42. Category 4 $600-Answer Maturity date

43. Category 4 $800-Answer Finance charge

44. Category 4 $1000-Answer Sales credit

45. Final Jeopardy Interest.

46. Final Jeopardy You have 1 minute to consult… Calculate how much interest would be paid on the following 10,000 loan at 12% for 90 days

47. Final Jeopardy You have 30 seconds to consult… Calculate how much interest would be paid on the following 10,000 loan at 12% for 90 days

48. Final Jeopardy You have 15 seconds to consult… Calculate how much interest would be paid on the following 10,000 loan at 12% for 90 days

49. Final Jeopardy Time Is Up Calculate how much interest would be paid on the following 10,000 loan at 12% for 90 days

50. Final Jeopardy - Answer $300

51. Jeopardy Thank you for playing another fine round of America’s favorite question and answer game.