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Which of the following things cannot be done with a debit card but can be done with a credit card?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
18) There are three credit bureaus: Experian, TransUnion and Equifax. 18)
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
Which of the following is not a factor in determining a FICO Score?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
Which of the following is the most cost-effective option for purchasing a home?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
What is paycheck garnishment?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
14) Which of the following is a sign that your identity may have been stolen?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
If you do not have a FICO score, what factors will determine whether or not you qualify for a mortgage?
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
You must establish credit in order to buy a house.
D) All of the above
The most ideal way to buy a house is with 100% down; if that is not an option, you should get no more than a 15-year, fixed r
False
True
Go into debt
Paying cash for all purchases
D) A and B
A court-ordered attachment that allows a lender to take monies owed directly from a borrowerʹs paycheck
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