Personal Finance
When you report a dispute on your credit card statement, the credit card company must resolve it within a certain time.
True
Comparing products features
comparison shopping
Final stage of a buying plan
evaluate purchase
a good buying plan includes
evaluating wants and needs
Use of a credit account to steal money or goods is a serious crime called credit card fraud.
True
When you rent-to-own and decide not to buy the item, no part of the rent payment is returned to you.
True
A mortgage is a type of unsecured loan.
False
Bankruptcy fraud occurs when a debtor repays debt that she or he has discharged.
False
Credit counseling is a service that gives debt relief.
False
Federal agencies do not test food, and other public products to see if they live up to their claim.
False
Foreclosure does not effect your credit.
False
Paying by check is a difficult and expensive method to use.
False
Personal loans are typically made for buy a specific item of property, which then serves as collateral.
False
Unsecured credit cannot hurt your chances of getting more credit.
False
A cosigner is a person who guarantees the debt of another person.
True
A credit report contains no personal info.
True
Bankruptcy effects your credit and the interest rate you may receive.
True
If you pay the full amount owed on your credit card each month, you can avoid paying interest on an outstanding balance.
True
In a consolidated loan, several loans are rolled into a single loan with one payment.
True
Low introductory rates on credit cards often last 6 months to a year.
True
Secure loans may require a cosigner if the borrower does not have to pledge as security for the loan.
True
When you receive the credit card statement
all of the above
The ability to receive a service
service credit
When apply for credit online
you should iniate
