this


Directions:

• Scroll through the presentation and enter the answers (which are really the questions) and the questions (which are really the answers).

• Enter in the categories on the main game boards.

• As you play the game, click on the TEXT DOLLAR AMOUNT that the contestant calls, not the surrounding box.

• When they have given a question, click again anywhere on the screen to see the correct question. Keep track of which questions have already been picked by printing out the game board screen and checking off as you go.

• Click on the “Game” box to return to the main scoreboard.

• Enter the score into the black box on each players podium.

• Continue until all clues are given.

• When finished, DO NOT save the game. This will overwrite the program with the scores and data you enter. You MAY save it as a different name, but keep this file untouched!


Round 1 Round 2Final

Jeopardy

Team 1Team 1 Team 2Team 2 Team 3Team 3


Definitions Types of Credit

4 C’s of Credit

Your Rights Credit Report

Potpourri

$100 $100 $100 $100 $100 $100

$200 $200 $200 $200 $200 $200

$300 $300 $300 $300 $300 $300

$400 $400 $400 $400 $400 $400

$500 $500 $500 $500 $500 $500

Round 2

Final Jeopardy

Scores


$100 - Definitions$100 - Definitions

The amount of money that is loaned on trust with the

expectation it will be repaid later.

The amount of money that is loaned on trust with the

expectation it will be repaid later.


$100$100

CreditCredit

Scores



The entire amount of money you owe.

The entire amount of money you owe.


$200$200

DebtDebt

Scores



Record of your behavior relates to borrowing and repaying loans.Record of your behavior relates

to borrowing and repaying loans.


$300$300

Credit HistoryCredit History

Scores



Rating used by credit reporting companies to help lenders decide

whether to extend credit to a borrower.

Rating used by credit reporting companies to help lenders decide

whether to extend credit to a borrower.


$400$400

Credit ScoreCredit Score

Scores



Allows credit card companies to increase your interest rate if you

make just one late payment.

Allows credit card companies to increase your interest rate if you

make just one late payment.


$500$500

Universal DefaultUniversal Default

Scores


$100 – Types of Credit$100 – Types of Credit

Items are paid for in a single payment after the purchase.

~Utility Companies, Medical Services

Items are paid for in a single payment after the purchase.

~Utility Companies, Medical Services



Single-Payment CreditSingle-Payment Credit

Scores



Fixed payments – set period of time to repay.

~car/mortgage loans

Fixed payments – set period of time to repay.

~car/mortgage loans



Installment CreditInstallment Credit

Scores



No stated payoff time, minimum monthly payments, limit to credit,

interest rates

No stated payoff time, minimum monthly payments, limit to credit,

interest rates


$300 – Types of Credit

$300 – Types of Credit

Revolving CreditRevolving Credit

Scores



Open-End Credit is also known as…..

Open-End Credit is also known as…..



Revolving CreditRevolving Credit

Scores



Closed-end credit is also known as…..

Closed-end credit is also known as…..



Installment CreditInstallment Credit

Scores


$100 – 4 C’s$100 – 4 C’s

Name the 4 C’s of Credit.Name the 4 C’s of Credit.


$100 – 4 C’s$100 – 4 C’s

Collateral

Capital

Capacity

Character

Collateral

Capital

Capacity

Character

Scores


$200 – 4 C’s$200 – 4 C’s

Asset that lenders can take from you if you do not repay the loan

as promised.

~home loan, car loan

Asset that lenders can take from you if you do not repay the loan

as promised.

~home loan, car loan


$200$200

CollateralCollateral

Scores


$300 – 4 C’s$300 – 4 C’s

Looks at if you’ve been working regularly in an occupation that is likely to provide enough income

to support your credit use.

Looks at if you’ve been working regularly in an occupation that is likely to provide enough income

to support your credit use.


$300$300

CapacityCapacity

Scores


$400 – 4 C’s$400 – 4 C’s

From your credit history, does it look like you possess the

honesty and reliability to pay creditor debts?

From your credit history, does it look like you possess the

honesty and reliability to pay creditor debts?


$400$400

CharacterCharacter

Scores


$500 – 4 C’s$500 – 4 C’s

Do you have any valuable assets such as real estate, savings or investments that could be used

to repay credit debts if income is unavailable?

Do you have any valuable assets such as real estate, savings or investments that could be used

to repay credit debts if income is unavailable?


$500$500

CapitalCapital

Scores


$100 – Your Rights$100 – Your Rights

Ensures customers are fully informed about the

cost/conditions of borrowing.

Ensures customers are fully informed about the

cost/conditions of borrowing.


$100$100

Truth in Lending ActTruth in Lending Act

Scores



Prohibits discrimination in giving credit on the basis of sex, race, color, religion, national origin,

marital status, age, or receipt of public assistance.

Prohibits discrimination in giving credit on the basis of sex, race, color, religion, national origin,

marital status, age, or receipt of public assistance.


$200$200

Equal Credit Opportunity ActEqual Credit Opportunity Act

Scores



Sets up procedures for the quick correction of mistakes that appear on credit accounts.

Sets up procedures for the quick correction of mistakes that appear on credit accounts.


$300$300

Fair Credit Billing ActFair Credit Billing Act

Scores



Protects the privacy and accuracy of information in a

credit check.

Protects the privacy and accuracy of information in a

credit check.


$400$400

Fair Credit Reporting ActFair Credit Reporting Act

Scores



Prevents abuse by professional debt collectors and applies to

anyone employed to collect debts owed.

Prevents abuse by professional debt collectors and applies to

anyone employed to collect debts owed.


$500$500

Fair Debt Collection Practices ActFair Debt Collection Practices Act

Scores


$100 – Credit Report$100 – Credit Report

Detailed record of your personal credit transactions.

Detailed record of your personal credit transactions.


$100$100

Credit ReportCredit Report

Scores



Name 3 things found in your credit file.

Name 3 things found in your credit file.


$200$200Name, Addy, SS#, B-day

Employer, position, income

Previous Addresses

Previous Employer

Spouse – name, SS#, employer, income

Rent vs. Own

NSF

Credit Info – date, amt, terms, type of credit, payments late/missed

Name, Addy, SS#, B-day

Employer, position, income

Previous Addresses

Previous Employer

Spouse – name, SS#, employer, income

Rent vs. Own

NSF

Credit Info – date, amt, terms, type of credit, payments late/missed Scores


Name 3 ways you can get and

keep a good credit score.



Make sure your credit report is accurate.

Pay bills on time.

Apply for credit only when needed.

Lower balances on accounts.

Pay off debt rather than move it around.

$300$300

Scores



Name the 4 ways your credit score is determined.

Name the 4 ways your credit score is determined.


$400$400

1. Payment History

2. Overall Debt

3. Credit Account History

4. Types of Credit

1. Payment History

2. Overall Debt

3. Credit Account History

4. Types of Credit

Scores



Name a company where you can request a copy of your credit

report.

Name a company where you can request a copy of your credit

report.


$500$500

Experian

Trans Union

Equifax

Experian

Trans Union

Equifax

Scores


$100 - Potpourri$100 - Potpourri

According to the rule of thumb, what percentage of your income

should be designated to living expenses.

According to the rule of thumb, what percentage of your income

should be designated to living expenses.


$100$100

70%70%

Scores



Name 2 advantages of using credit cards.

Name 2 advantages of using credit cards.


$200$200

Get items now.

Build credit history.

Quick source of $ during emergencies.

No charges if bill is paid in full.

Consumer protection.

Get items now.

Build credit history.

Quick source of $ during emergencies.

No charges if bill is paid in full.

Consumer protection.

Scores



Straight bankruptcy where many debts are forgiven.

Straight bankruptcy where many debts are forgiven.


$300$300

Chapter 7 BankruptcyChapter 7 Bankruptcy

Scores



Name 3 sources where you can obtain credit.

Name 3 sources where you can obtain credit.


$400$400Banks

Credit Unions

Department Store

Auto Dealerships

Oil Companies

Life Insurance Company

Federal Government

Banks

Credit Unions

Department Store

Auto Dealerships

Oil Companies

Life Insurance Company

Federal Government Scores



Used like credit cards, but are not credit cards because the balance

is due in full each month.

Ex: AMEX

Used like credit cards, but are not credit cards because the balance

is due in full each month.

Ex: AMEX


$500$500

Travel and Entertainment CardsTravel and Entertainment Cards

Scores


Subject1

Subject2

Subject3

Subject4

Subject5

Subject6

$200 $200 $200 $200 $200 $200

$400 $400 $400 $400 $400 $400

$600 $600 $600 $600 $600 $600

$800 $800 $800 $800 $800 $800

$1000 $1000 $1000 $1000 $1000 $1000

Round 1

Final Jeopardy

Scores


$200$200

Enter Answer Here for

Category 1 - Question 1




$200$200

Enter Question Here for




Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


$200$200






$200$200





Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


$200$200






$200$200





Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


$200$200






$200$200





Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


$200$200






$200$200





Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


$200$200






$200$200





Scores


$400$400






$400$400





Scores


$600$600






$600$600





Scores


$800$800






$800$800





Scores


$1000$1000






$1000$1000





Scores


Scores

Credit Credit

Final Jeopary Question


Name 2 advantages and 2 disadvantages of using credit.

Name 2 advantages and 2 disadvantages of using credit.


Scores

Disadvantages:InterestAdditional feesFinancial difficultiesIncrease impulse buying

Advantages:Buy things nowDon’t have to carry cashRecord of purchasesConvenientConsolidates bill

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Documents