Match the terms with the definitions. Some terms may not be used.

a. capacity

b. character

c. credit bureau

d. credit freeze

e. credit history

f. credit report

g. creditworthy

h. subscribers

___ A consumer request to deny all access to his or her credit information and files

What kinds of credit do you think you will be using in five years? How will you establish a good credit rating to be eligible for increasing credit limits and privileges?

What reasons would a business have to request a credit report?

Match the terms with the definitions. Some terms may not be used.

a. capacity

b. character

c. credit bureau

d. credit freeze

e. credit history

f. credit report

g. creditworthy

h. subscribers

___ A business that gathers, stores, and sells credit information to other businesses

Match the terms with the definition. Some terms may not be used.

a. billing statement

b. credit inquiry

c. credit rating

d. credit score

e. debt collector

f. discrimination

g. point system

h. rate shopping

___ A method of evaluation in which points are assigned by a credit bureau on factors such as amount of current debt and amount of income ~

Match the terms with the definition. Some terms may not be used.

a. billing statement

b. credit inquiry

c. credit rating

d. credit score

e. debt collector

f. discrimination

g. point system

h. rate shopping

___ Treating people differently based on prejudice rather than individual merit

Match the terms with the definitions. Some terms may not be used.

a. capacity

b. character

c. credit bureau

d. credit freeze

e. credit history

f. credit report

g. creditworthy

h. subscribers

___ A person who is a good credit risk

Are credit guard companies a good deal for consumers? Why or why not? Why would a person choose to freeze his or her credit?

Your neighbor recently purchased a refrigerator on credit but was unable to continue making payments because he lost his job. In the last week, he has received abusive telephone calls at home from a debt collector. Your neighbor has volunteered to return the refrigerator, but the debt collector refuses and threatens him with public humiliation. The collector has now come to your house looking for him and has made false and degrading comments about the neighbor's character. Are the debt collector's actions legal? Why or why not? What advice would you give?

How can parents help their child get started with credit? Why would a teenager ask for help from his or her parents?

Obtain a written error policy supplied by a credit card company or other creditor .

How do consumers benefit from the creation of the Consumer Financial Protection Bureau?

Obtain a credit application from a local merchant or national credit card company. On a separate piece of paper, create two columns. List each question on the form in the left column. In the right column, indicate whether each question is (a) a personal question, (b) a payment record question, (c) an employment stability question, or (d) an income question.

Do you think it is fair that young consumers must now either have a job or have a cosigner to get credit? Explain your answer.