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A Business Education- Finance Test Quiz!

This quiz covers questions regarding finance and the topic of credit. Questions will include multiple-choice, fill in the blank, and essay questions.

Questions: 8 | Attempts: 719 | Last updated: Aug 22, 2025

Sample Question 1
What is credit limit?

It is the amount spent each month on your credit card.

It is the total amount of credit issued to the user determined by the credit card company.

The limit that the credit card user allows themselves to spend.

The limit of places that take credit cards.

Sample Question 2
How can you build a good credit history?

Buy as much as you can on your credit card each month.

Open a checking and savings account.

Pay your bills on time consistently.

Get as many credit cards as you can.

Fair Lending Final Quiz

The 'Fair Lending Final Quiz' assesses knowledge on laws ensuring fair access to credit. It covers key acts like the Fair Housing Act and the Dodd-Frank Act, defining fair lending principles and examining penalties for...

Questions: 10 | Attempts: 104 | Last updated: Jul 2, 2025

Sample Question 1
What was the first act passed in regard to Fair Lending?

Fair Housing Act

Equal Credit Opportunity Act

Home Mortgage Disclosure Act

Home Ownership and Equity Protection Act

Sample Question 2
Which act established the CFPB?

ECOA

Fair Housing Act

Dodd-Frank Act

SAFE Act

Recent Credit Quizzes

Defining When You Have An Application Quiz

Defining When You Have an Application Quiz

This quiz assesses understanding of Sierra Pacific's policies on credit applications, defining a RESPA application, distinguishing between inquiries and applications, and preapproval processes. It's crucial for professionals in...

Questions: 10 | Attempts: 690 | Last updated: Mar 20, 2025

Sample Question
It is the policy of Sierra Pacific to encourage all consumers to apply for credit. We do not discourage any person from applying for a loan.

True

False

Credit And Non-cash Alternatives

Credit and Non-Cash Alternatives

This quiz will assess your applied understanding of credit arrangements and the use of cash alternatives.

Questions: 10 | Attempts: 143 | Last updated: Jul 22, 2025

Sample Question
An example of an open-end credit is a(n)_____.

Mortgage

Automobile loan

Installment loan

Credit card charge

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