True or False, your bank will charge you if you use a different bank's ATM?
True
APR stands for _______ percentage rate.
Annual
Can a person make payments on a payday or title loan?
No
Credit history makes up the largest portion of credit score. What percentage does it make up?
35%
What one letter does not appear in any US state name?
Q
What is net pay?
Money after deductions and taxes(what you actually take home)
True or False, a debit card will affect credit scores like a credit card?
False
The average title loan is no more than ____% of a vehicle's value.
25
How long does a payment later than 30 days stay on a credit report?
7 years
Octothorpe is the name of what commonly used symbol?
#
What percentage should be the most a person spends of their monthly net income towards a vehicle?
10%
If a credit. ard has a $10,000 limit, what is the most one can put on the card without affecting their credit score?
$3,000
Katie took out a $5,000 title loan. The fee is 25%. How much does she owe in 30 days?
$6,250
A person should have no more than ____ hard inquiries a year.
2
In 1968 the store Hennes & Mauritz changed its name to what?
H&M
What percentage should be the most a person spends of their monthly net income on housing?
25%
A __________ credit card is a credit card that requires a deposit.
secured
If someone doesn't pay or rollover their title loan after 30 days, what happens?
The car is repossessed.
Credit score is made up of credit mix, new credit, length of credit history, amounts owed, and ________ ________.
Payment history
What president had a pet hyena named Bill?
Theodore Roosevelt
Give an example of a fixed expense.
Rent, car payment, student loan, health insurance, etc.
How to you avoid paying interest on a credit card?
Pay the card off each month.
A laptop is $18.97 per week at a renting center. It will take 91 payments to pay it off. What will be the total cost?
$1726.27
Credit scores range from 300-800. What range is considered poor credit?
300-579
What is Capt'n Crunch's name?
Horatio Magellan Crunch