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What is a characteristic of revolving credit?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
The amount you pay on insurance is called?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
Which statement best describes a secured loan?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
What does FICO stand for?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
The ability to pay back money borrowed is...
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
Which of the following would be considered a good credit-to-debt ratio to help your credit score?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
How much money should you have saved in your emergency savings?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
How many months of expenses should you have saved?
A loan backed by collateral such as a car or house
$1,000
Flexible spending limits
3 to 6
25%
premium
Credit
Fair, Isaac and Company
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