Java Games: Flashcards, matching, concentration, and word search.

The Credit Trap

Students will match terms relating to credit card usage with their definitions

AB
Closed-end CreditCredit that can not be increased by making future purchases
CollateralSomething of value that is used to secure a loan
LiquidateTurn into cash
RepossessTo take back
Open-end CreditCredit that can be increased up to a certain point
Regulation ZLaw that requires lenders to disclose loan information to individuals
Finance ChargesInterest paid for the use of a credit card
Usury LawsRegulate the amount of interest that can be charged by lenders
Fair Credit Reporting ActProhibits the abuse of credit information. It allows the credit reoprt applicant the right to know the information contained in the report and who has had access to the information
Fair Credit Billing ActLaw that established the procedure for handling credit billing disputes
Fair Debt Collection Practices ActLaw that makes it a federal offense for debt collectors to threaten consumers with violence, obscene language, or telephone contact at inconvenient times to collect a debt
Fresh Start PolicyPolicy that allows some assets to be protected from liquidation


Mrs. Ferlito

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