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A flexible credit card account accepted for purchase

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A flexible credit card account accepted for purchases anywhere made available by ... A credit card account made available by a financial institution with the logo of ... – PowerPoint PPT presentation

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Title: A flexible credit card account accepted for purchase


1
Welcome to
  • Credit Card
  • Jeopardy

2
But first, a message from our sponsor.
Did you know.
3
Credit Cards 101
4
Types of Cards - 100
  • Answer
  • A flexible credit card account accepted
    for purchases anywhere made available by a
    financial institution.

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Times up!
6
Types of Cards - 100
  • Question
  • What is a bank credit card?

7
Types of Cards - 500
  • Answer
  • A high status credit card account which requires
    higher credit qualifications and offers special
    benefits.

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Times up!
9
Types of Cards - 500
  • Question
  • What is a prestige card?

 
10
Types of Cards - 1000
  • Answer
  • A credit card account made available by a
    financial institution with the logo of a
    sponsoring organization.

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Times up!
12
Types of Cards - 1000
  • Question
  • What is an affinity card?

13
Types of Cards - 2000
  • Answer
  • An account which allows for customers to make
    credit card purchases at a particular retailer
    such as The Buckle or Old Navy.

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Times up!
15
Types of Cards - 2000
  • Question
  • What is a retail credit card?

16
And now, another word from our sponsor
17
General Credit - 100
  • Answer
  • The amount of time, in days, allowed to the
    cardholder between the day the items are charged
    on the credit card and the day finance charges
    begin to apply.

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Times up!
19
General Credit - 100
  • Question
  • What is the grace period?

 
20
General Credit - 500
  • Answer
  • A credit report from one, two, or three of the
    credit bureaus, with or without credit scores,
    accessed by a creditor to check the status of
    your credit and/or credit score.

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Times up!
22
General Credit - 500
  • Question
  • What is an Infile Credit Report?

23
General Credit - 1000
  • Answer
  • Requires creditors to provide complete and
    accurate information about credit costs and
    terms.
  •  

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Times up!
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General Credit - 1000
  • Question
  • What is the Truth-in-Lending Act?

26
General Credit - 2000
  • Answer
  • Prohibits abusive collection practices.

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Times up!
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General Credit - 2000
  • Question
  • What is the Fair Debt Collection Practices Act?

29
And now, a break from our regularly scheduled
program
30
Credit Scores - 100
  • Answer
  • 35 of an individuals FICO score is based on
    this category.

31
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Times up!
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Credit Scores - 100
  • Question
  • What is your Payment History?

33
Credit Scores - 500
  • Answer
  • 30 of your FICO score is based on this category.

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Times up!
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Credit Scores - 500
  • Question
  • What is your Amounts Owed?
  •  

36
Credit Scores - 1000
  • Answer
  • A term primarily used by accountants to describe
    a situation when a creditor eliminates the
    balance due on an account but does not remove the
    obligation of the debt.

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Times up!
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Credit Scores - 1000
  • Question
  • What is a charge-off?

39
Credit Scores - 2000
  • Answer
  • FICO.

40
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Times up!
41
Credit Scores - 2000
  • Question
  • What is Fair Isaacs Company?

42
Credit Knowledge - 100
  • Answer
  • The amount of time negative information on a
    credit report may be reported to a credit bureau

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Times up!
44
Credit Card Knowledge - 100
  • Question
  • What is seven years

45
Credit Card Knowledge - 500
  • Answer
  • Pre-approved credit which can be used for the
    purchase of items now and the payment of them
    later.

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Times up!
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Credit Card Knowledge - 500
  • Question
  • What is a credit card?

 
48
Credit Card Knowledge - 1000
  • Answer
  • A fee charged for a cash withdrawal
    from a credit card account.

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Times up!
50
Credit Card Knowledge - 1000
  • Question
  • What is a cash advance transaction fee?

51
Credit Card Knowledge - 2000
  • Answer
  • A fee charged when the cardholder does not make
    the minimum monthly payment by
    the due date.

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Times up!
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Credit Card Knowledge - 2000
Question What is a late payment fee?
54
  • Final
  • Trivia

55
Final Trivia
  • Answer
  • The Latin word meaning I believe.

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Times up!
57
Final Trivia
  • Question
  • What is credo?
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