Matt will pay less because people who travel overseas are better risks.
They will both pay the same because they have almost identical financial backgrounds.
Eric will pay less because the car is collateral for the loan.
They will both pay the same because the rate is set by law.
Certificate of Deposit
Vera, who always pays off her credit card bill in full shortly after she receives it.
Jessica, who only pays the minimum amount each month.
Megan, who pays at least the minimum amount each month and more, when she has the money.
Erin, who generally pays off her credit card in full but occasionally, will pay the minimum when she is short of cash.
Your bad loan payment record with one bank will not be considered if you apply to another bank for a loan.
If you missed a payment more than 2 years ago, it cannot be considered in a loan decision.
Banks and other lenders share the credit history of their borrowers with each other and are likely to know of any loan payments that you have missed.
People have so many loans it is very unlikely that one bank will know your history with another bank.
Sales tax may be charged on the interest that you earn.
You cannot earn interest until you pass your 18th birthday.
Earnings from savings accounts interest may not be taxed.
Income tax may be charged on the interest if your income is high enough.
When some clothes you like go on sale.
When the interest on the loan is greater than the interest you get on your savings.
When you need to buy a car to get a much better paying job.
When you really need a week vacation.
All credit records are the property of the U.S. Government and access is only available to the FBI and Lenders.
You can only check your record for free if you are turned down for credit based on a credit record.
Your credit record can be checked once a year for free.
You cannot see your credit record.
Mike will make more money because he is more valuable to his company.
Mike and Dave will continue to make the same amount of money.
Dave will make more because he is more social.
Dave will make more because Mike is likely to be laid off.
You can get cash anywhere in the world for no fee.
You must have a bank account to have an ATM Card.
You can generally withdraw cash 24 hours a day.
You can generally obtain information concerning your bank balance at an ATM machine.
It will make Barbara’s parents pledge their home to repay Barbara's credit card debt.
It will require Barbara to have both parents co-sign for the card.
It will charge Barbara twice the finance charge rate it charges older cardholders.
It will start Barbara out with a small line of credit to see how she handles the account.
Never, it is proprietary information of the credit bureaus.
Only when you pay a $39 fee each time.
Only when you have been denied credit.
Once a year for free.
Savings and Loan Institution
Annual Percentage Rate
Annual Penalty Rate
Annual Payment Rate
Annual Payoff Rate
Your payment is late.
You go over your credit limit.
They merge with another company.
All of the above.
33 months (2.7 years)
Just under 5 years
7 years 3 months
13 years and 1 month
You will be charged a fee every month until you reduce your balance to under the credit card limit.
You will be charged a one-time fee and your credit card will be suspended.
You will be charged a one-time fee and your interest rate will be raised to the highest level.
You will be charged a one-time fee and your credit card limit will be raised.
There is no dispute resolution with a debit card under federal law.
A debit card does not usually appear on your credit report.
You may be responsible for the total amount of all unauthorized transactions on your debit card.
All of the above.