Money Management Review- Credit Cards, Fraud, Compound Interest

Sears, Home Depot, Canadian Tire offer credit cards that can only be used at their stores.

Credit card companies give users a time frame in which no interest in charged on purchases.

When shopping for the best mortgage rate, you should do which of the following

When a mortgage payment is made, part of the payment pays the interest, and part goes to the

This type of scheme is only illegal if most of the money you make is through recruitment

The highest FICO score one can obtain is

a pump and dump scam is often used in conjunction with a

In Ontario, if you feel you've been defrauded, you can contact the

credit cards that give the user something back like air miles are called

When a financial institution checks your credit score, this is known as a

everytime you use your credit card, you are

When buying a house, you should put at least 20% down payment to avoid payment

To pay off your mortgage quicker, you will choose

This person was famously portrayed in the movie Wolf of Wall Street

All of the following are factors that affect your score EXCEPT

using privileged information to make money on the stock market is called

Canadian gov't allows first time home buyers to borrow from their RSP. This method is called

praying on an identifiable group such as a religious community or an elderly group is called

credit card companies make money by

an open mortgage term

The credit score company recently had a security breach that affected millions of people

FICO scores can be used for all of the following EXCEPT

The most commonly used credit cards are all the following except

It is important to maintain your ___________ score if you want to borrow money in the future.

people who have previously declared bankruptcy and want to rebuild their credit should use a

deliberately inflating your financial statements is called

On average, new cars lose 60% of their value within the first

The variable interest rate is tied to a rate set by the government called the

Every time you apply for credit, your credit score will decrease by

Also known as a pyramid scheme this fraud is called