Budgets, Paying Bills, Saving and Investing

An agency of the US government that insures the deposits of consumers up to $250,000

T or F: The larger the down payment (equity), the lower the amount of the mortgage (loan).

T or F: All applicants who want an auto loan must submit copies of their recent paystubs?

Your auto loan payment is the same every month. This is a __________.

T or F: The interest paid annually on your home mortgage is an allowable income tax deduction.

Increasing your income tax withholdings will have what impact on your gross pay?

T or F: Mortgage lenders review the borrower's 1040EZ tax return before approval.

Shari gives money to the homeless shelter in her neighborhood. This is ___

T or F: Compound interest means

On your next interview, you should do all of the following except:

T or F: A cover letter should always accompany a resume to indicate that you want the job.

Which service for customers below is not typically available from a bank?

Your bank keeps 5 years of monthly statements online. This is an example of

With a consumer installment loan to purchase washer and dryer,

Which of the following is NOT one of the three unique benefits of Public Goods?

You can buy a car for cash, take out a car loan or use this popular method of acquiring a car?

True or False: When gasoline prices decline, sales of large gas-guzzling vehicles increase

True or False: Sick leave is a type of employee benefit.

Your net worth is defined by

T or F: The interest paid annually on your auto loan is an allowable income tax deduction.

A borrower with a poor credit score of 500 will most likely

True or False: If you make three late credit card payments your APR can increase to 29.9%

This financial literacy term contributes to an INCREASE in your net worth.

Which option below is NOT a stage in the Business Cycle?

Buying a new car is exciting, but what has the greatest impact on lowering its resale value?

What happens if you don't have enough funds in your checking account to cover a DEBIT purchase?

Monthly mortgage payments can include which option below

Where can you find contacts to help you find job opportunities?

In most cases, a consumer pays the lowest amount for a car when purchased from a ____?

Which option below is not something usually deducted from your weekly employee paycheck?

T or F: An optimizer loves the corner stores in Jersey City

Do banks offer higher interest rates on regular checking accounts or regular savings accounts?

If you make a partial payment before the due date but below the minimum payment due, 

Additional coverage that you can buy to pay for needed repairs or replacements is called

Which choice below is NOT a choice for consumers to save money?

Subsidized loans usually have lower interest rates and a deferral period after graduation.

What is a dividend?

To most of the students in Jersey City, a month-long vacation in Florida is a

Which option below is not a selling strategy?

After your loan application is submitted, who decides if you get approved for the loan?

Under conventional mortgage rules, what down payment % is usually required from borrowers?

Which of the following would not be included on your personal statement of net worth

T or F: The monthly payment on a car loan compared to your monthly income is important.

Which of the following would be free to a student who had a free checking account?

Which of the following types of financial assistance does not need to be paid back?

A service that automatically funds your paycheck electronically to your checking account.

It's important to perform well at your job in order to receive

What is the likely impact of filing bankruptcy on a student loan?

The fee the recipient of a bad check charges the originator of the bounced check is called the 

The United States has a _________economy.