Where do banks get the money to lend out to consumers?
How do banks make money off of the credit they issue?
Which of the following is NOT a typical type of credit?
Which of the following could be a SECURED loan? (hint: choose 2 correct answers)
If the collateral for your secured loan can be taken away, why get a secured loan at all?
What may NOT impact the interest rate on your loans?
True or False: A cosigner's credit history can be affected by the loan they are cosigned on.
Why does the amount of INTEREST you owe on a loan decrease over time?
What information on a Schumer Box should you focus on when choosing a credit card? (hint: choose 3 correct answers)
How do you avoid paying interest on your credit card (or any other loan for that matter)?
Which is TRUE when you make only the minimum payment each month?
When can personal loans be a better option than credit cards? (hint: choose 2 correct answers)
Which is TRUE about Payday loans?
A shorter auto loan term means ____ monthly payments & ____ total interest you'll pay.
Which of the following is TRUE about an auto LOAN and a LEASE? (hint: choose 2 correct answers)
True or False: Landlords are required to submit your payment history, which can boost your credit score.
Which is FALSE about what can happen if you fail to make your mortgage payments?
How do federal student loans differ from private student loans?
When repaying your Federal student loans...(hint: choose 2 correct answers)
How are credit cards and debit cards different?