Getting a Credit Card Worksheet
This printable matching worksheet on the topic of Money & Personal Finance has 10 questions and answers to match. This matching worksheet is also available to download as a Microsoft Word document or a PDF.
Description
Making purchases now and paying for them later (also known as borrowing!).
A plastic card used to make purchases now and pay for them later.
Any bank or business that extends credit to others; a lender
Anyone who owes money; a borrower.
A fee for borrowing money, added to a monthly credit card bill.
The fee, expressed as a percentage, a borrower pays for the use of a creditor’s money. At an interest rate of 10%, a borrower would pay $110 for $100 borrowed.
A temporary interest rate advertised as a low APR to entice customers to apply for a credit card. After the introductory period, the interest rate will increase to the regular APR.
Additional fees that can be added to a credit card bill if the cardholder fails to make at least the minimum payment by the due date
The smallest required payment that a credit card holder can pay on a monthly bill and still remain in good standing with the lender.
The amount of money borrowed. On a credit card bill, the principal is the purchase price of all items bought with the card.
