Financial Literacy Final Review

The monthly payment for insurance is called...

Your credit history is detailed in your....

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

Which of the following will help your credit?

Credit limit is...

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

What is the numerical range for a FICO score? 

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

It is possible to purchase identity theft insurance.  

Interest is...

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

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

Identity theft cases are on the rise

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

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

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

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

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

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

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

A cosigner is...

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

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

Credit is...

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

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