Credit Basics

10 Questions  I  By Wagatv
Think you know the some basic financial information? Try this quiz and see if you do....

  
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Question Excerpt

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1.  A credit report is:
A.
B.
C.
D.
2.  In terms of credit, what does APR stand for?
3.  A reverse mortgage is:
A.
B.
C.
D.
4.  Who insures your stocks in the stock market?
A.
B.
C.
D.
5.  Negative financial information (excluding bankruptcy) can stay on your credit report for:
A.
B.
C.
D.
6.  In financial transactions, a CD is:
A.
B.
C.
D.
7.  The "Rule of 72" tells you how long it will take to double your money.
A.
B.
8.  What do "points" refer to in the home mortgage application process?
A.
B.
C.
9.  By using unit pricing at the grocery store, you can easily compare the cost of any brand and any package size.
A.
B.
10.  How many days does a creditor have to acknowledge your written complaint about a billing error?
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