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What does open-end credit mean?
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
The benefits of credit cards include
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
T/F Since you don't own the vehicle when you lease; that means you can drive it in extreme locations like mountains and woods.
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
If you have young kids what would be a wiser decision
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
Which is most accurate when describing U.S. saving habits.
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
T/F Having a strong credit rating will cost you more in the long run.
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
What is the biggest reason to save and buy something with cash rather than borrowing money to buy it?
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
T/F Owning a vehicle means you will have lower monthly payments.
Once you pay part of your expense you can borrow more
as a whole country, we are very poor at it, but are making improvements
True
False
False
buying
no interest fees
all of the above
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