Credit
The Three Cs of Credit are?
What is character, capacity, and collateral?
Not subtracted from your gross pay.
A. FICA
B. property taxes
C. Federal Income Taxes
D. State Income Taxes
B. property taxes
Adjustable rate mortgages changes
What is interest rates (possibly higher)?
Employer matches your portion from your paycheck and then invest your money.
What is 401k?
Insurance contract is called
What is a policy?
Considered a great credit score.
What is 800-850?
You let your new employer know the amount of taxes to take out of your pay check.
What is W-4?
Earnest Money is used to
What is a written offer to buy the house ?
Spreading your money across various investments opportunities.
What is diversification?
The amount you pay before insurance pays their amount towards a loss.
What is deductible?
The computerized network that updates credit ratings.
What is FICO?
Net income is
What income is left after taxes?
Advantages of renting are
The landlord makes repair.
Can relocate quickly and easily.
Can sometimes be cheaper than a mortgage?
You buy this and then you become an owner in the company.
What are stocks?
This insurance plan allows you to choose your physician at will, no need for a referral.
What is PPO?
A disadvantage of paying a "minimum payment" on a credit card balance?
What is pay more towards the principal than the interest?
The higher the amount of allowances on your W-4
What are lower amount taxes taken out of your paycheck?
When purchasing a new car you should attempt to pay
What is under the MSRP?
You loan money out to companies and governments, and they guarantee to pay you back with interest.
What are bonds?
Auto insurance policy that covers things other than auto collisions.
What is comprehensive insurance?
Having good credit allows you to.
What is get a better interest rate on a loan?
The W-2 and 1099 INT is used to fill out
What is 1040 or 1040 EZ?
One advantage of owning a home over renting is
What is deducting interest cost on your income taxes?
What is privacy?
What is selling and gaining a profit?
All investments have this in common.
The risk of losing money.
A regular payment required to purchase insurance is a
What is a premium?