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A credit score is intended to measure:
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
You need to have a credit card to rent a car or check in to a hotel
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
Co-signing a loan is a good way to help a friend or relative.
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
Which of the following is NOT recommended in the debt snowball method of getting out of debt?
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
Which of the following items cannot be done with a debit card but can be done with a credit card?
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
Which of the following is not a good idea for getting out of debt?
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
Teens are a huge target of credit card companies today
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
You must establish credit in order to buy a house
False
False
The risk of your not repaying debt
Borrow money from your parents to pay for the debt
Go into debt
Every extra dollor you get should be thrown at the largest debt first
False
True
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