Debt
True or false: Teens are a huge target of credit card companies.
True
True or False: The acedemic and financial choices you make in the next few years will affect the next 40 years of your life.
True
True or False: You must establish credit to buy a house.
False
Trur or false: A four-year degree is necessary reguardless of which career you're entering.
False
Individual account information is removed from your credit report 7 years after the last activity, except Chapter 7 bankruptcy which stays on your credit for ___ years.
10 years
The total estimated student loan debt outstanding (unpaid) is over:
$1 trillion
When a person owes more on an item than what it is worth they are ___ on their loan?
Upsidedown
Percentage of college students that graduate with student loans:
66%
The time frame that a loan agreement is in force, and before or at the end of which the loan should be repaid or renegotiated.
Loan term