| A | B |
|---|
| CREDIT Individuals with ________ credit scores get _________ interest rates on loans | higher, lower |
| CREDIT Who would not be likely to evaluate your credit report? | a college determining whether to admit you as a student |
| CREDIT A person can determine the cost of borrowing money by evaluating the ______________. | APR |
| CREDIT A borrower defaults on a loan when he or she _____________. | stops making payments |
| CREDIT Though using a credit card as a type of financing is __________, it can also be ___________. | convenient; expensive |
| CREDIT What has occurred when someone uses your personal information without your permission for personal gain? | identity theft |
| CREDIT Credit scores are calculated on a scale of ________ to _________. | 300; 850 |
| CREDIT What is an advantage of using credit wisely? | You can establish a good credit history |
