Financial Literacy Final Review

The monthly payment for insurance is called...

Which of the following is the most important while calculating your credit score? 

Which of the following is an example of open-ended revolving credit?

If you start college at a junior college, it could be less expensive than a 4 year university. 

If you don't repay your student loans, the organizations can...

Credit limit is...

If you don't repay your student loans, the organizations can...

Credit is...

Which of the following is a way to protect you from identity theft? 

If you move your debt around, rather than paying it, it will increase your credit score. 

How many times can you receive your credit report without paying money? 

Transunion, Experian, and Equifax are examples of...

How much of your net income should be spent on saving? 

It is possible to purchase identity theft insurance.  

The length of credit history counts for ____% of your credit score.  

Your credit history is detailed in your....

A scam where people get loans to get them through their next paycheck but pay high interest is

A cosigner is...

What is the numerical range for a FICO score? 

Interest is...

When you default on a loan, you are...

Which of the following will help your credit?

If you make a down payment on a loan, it will increase the amount you have to borrow. 

An organization or person that provides credit to consumers is called...

72 divided by ________ gives you the number of years it takes a debt or investment to double

Identity theft cases are on the rise