Household budgets
Rent, insurance, and taxes are all this budget category.
What are 'fixed expenses'
-or-
What are 'needs'
Income 'before' taxes are taken out
The type of interest that grows upon itself over time
What is 'compound interest'
Certain loans are called 'predatory' because of this
What is 'preying on people'
The lowest credit score possible, other than 'no score'.
What is '300'
Money you get for working
What is 'income'
Income 'after' taxes are taken out
What is 'net' income
A place to buy and sell shares
What is the 'stock market'
What is 'collateral'
The highest possible credit score.
What is '850'
An expense that changes every month
A 'deduction' that can help you when you get sick
What is 'heath insurance'
What is a 'stock' or 'share'
A predatory loan that charges a very high interest and is typically paid off after 2 weeks.
What is a payday loan?
The most important factor in determining a credit score.
What is 'payment history'
An expense that is the same every month
What is a 'fixed expense'
A 'deduction' that can help if you have a tooth ache
Something to invest in that will include hundreds or thousands of companies all in one...
What is a 'mutual fund'
A type of loan where a vehicle is used as collateral.
What is a 'title loan'
'New credit' and 'credit mix' each contribute this much to a credit score.
What is '10% each'.
The 'optional' spending category
What is 'discretionary spending'
A deduction that can help you if you have trouble reading this...
What is 'vision insurance'
Similar to mutual funds, these investment options include hundreds or thousands of companies...
What is an 'ETF'
The typical range of interest rates for predatory loans.
What is between 200% and 500%
Any answer accepted that is close enough to that range...
Closing an old unused credit card can lower a credit score because of one of these 2 reasons.
What is 'lower the length of credit history' and/or 'increase credit utilization'