Credit
An arrangement that allows consumers to buy goods or services now and pay for them later
Credit or Financing
This candy was named after 1912 flotation devices
Life Savers
One of the methods used routinely and successfully by predatory lenders is mailing out "Live Checks" to homeowners. This is a form of this type of marketing.
Deceptive Marketing
Predatory lenders usually use an exceedingly high one of these
Interest Rate
What is the meaning of X and O in "XOXO"?
X = hugs and O = kisses
How did the telephone propose to his girlfriend?
He gave her a ring.
APR stands for...
Annual Percentage Rate
This character fell in love with and married a beastly man in a castle.
Belle
When refinancing a loan, these are added in to the loan amount by the lender and it drives up the overall balance making it more difficult to pay back.
Excessive Fees
Lenders may try to force to buy this, which pays off the debt in the event of the borrower's death.
Credit Insurance
Who was Cupid's mother?
a) Penelope
b) Psyche
c) Venus
d) Minerva
c) Venus
What's Cupid's favorite band?
Heart, or Kiss
To begin building credit, it starts with obtaining and holding onto one of these.
A Job
Famous dogs who fell in love over a plate of spaghetti.
Lady & the Tramp
This is the term for a large payment due at the end of the loan term
Balloon Payment
Beware of these, they are unpredictable and may put borrowers at risk for exceedingly high interest payments after an initial introductory low amount.
What do yellow roses symbolize?
Friendship
What do farmers give for Valentine's Day?
Hogs and kisses.
A numerical expression of a person's credit worthiness
Credit Score
This was the first penny candy to be individually wrapped
Tootsie Rolls
Frequent refinancing is also called this
Loan Flipping
Predatory lenders sometimes loan high amounts to individuals without this, making it probable the borrower will default on the loan
Ability to Repay the Loan
When Oliver Chase first manufactured Candy Hearts in 1847, what was their original purpose?
Medicinal pills
Do you have a date for Valentine's Day?
Yes, it's February 14th
3 C's of Credit
Character
Capacity
Capital
This candy bar was named after a milkshake flavor containing chocolate, caramel and malted milk powder
Milky Way
Owing additional fees to a lender if you pay off a loan early is called this
Prepayment Penalty
The practice of rolling multiple credit debts into one payment is called this type of loan
Debt Consolidation Loan
What is a "Vinegar Valentine?"
A valentine given to deter someone who is romantically interested in you.
What Flower gives the most kisses on Valentine’s Day?
Tulips