Credit Score
This is the range of a credit score (highest and lowest you can have).
What is 300 - 850?
This gives you partial ownership in a company or corporation.
What is a stock?
This type of loan is given to student from the government to go to school?
What are federal loans?
The other upfront cost besides a down payment when buying a house.
What are closing cost?
This term refers to when an employer contributes money to your account based on your own contributions.
What is an employer match?
This is the type of score that a 640 would be considered. (Excellent, Good, Fair, Poor)
What is Fair?
The National Association of Securities Dealers Automated Quotations is known as this.
What is NASDAQ?
This is the amount of time, on the average, it takes US students to pay back their student loans?
What is 20 years?
The most common length of a fixed-rate mortgage.
What is 30 years?
This is the earliest age a person can claim Social Security benefits.
What is 62?
This is the best way to build your credit score.
What is paying bills on time?
This is the top 500 publicly traded companies on the stock market.
What is the S&P 500?
These are the two different types of loans students can get?
What are federal and private loans?
This insurance is required when putting down less than 20% of the purchase price on a home.
What is Private Mortgage Insurance (PMI)?
This federal program is a major source of income for 59% of retirees.
What is Social Security?
This is the number of categories that are evaluated to determine your credit score.
What is 5?
This term describes a market condition where stock prices are falling, and investor confidence is low.
What is a bear market?
This is the maximum amount dependent undergraduates can borrow in 2026.
What is $31,000?
What financial factor most directly determines the interest rate a lender offers you on a mortgage other than debt to income ratio.
What is a credit score?
This type of retirement plan is a defined benefit plan that provides a guaranteed monthly income from a company.
What is a pension?
Your credit score is measured by this corporation.
What is FICO?
This ratio compares a company’s stock price to its earnings and is commonly used to judge if a stock is overvalued or undervalued.
What is P/E ratio?
A $10,000 loan has a 5% annual interest rate. How much simple interest accrues in one year?
What is $500?
This type of mortgage keeps the same rate throughout the duration, regardless of market intrest rates.
What is a fixed rate mortgage?
The name for moving all or a portion of your taxable distributions from one retirement plan to another retirement plan without paying taxes.
What is a rollover?