According to The Wall Street Journal, ____% of Americans are living paycheck to paycheck.
What is 70%?
100
Companies use every angle to aggressively compete for your _____.
What is money?
100
MYTH: You need to take our a credit card or car loan to "build up your credit score."
TRUTH: The FICO score is an "I love ____" score, and it is NOT a measure of winning financially.
What is debt?
100
The best way to pay off a debt is with a ____.
What is plan?
100
____ ____ means using another person's information to obtain goods and services.
What identity theft?
200
In 1970, only ____% of Americans owned credit cards.
What is 15?
200
A "significant purchase" is normally anything over ____.
What is $300?
200
Beware of credit clean-up scams. The only information that may be legally removed from a credit report is _____ information.
What is inaccurate?
200
A collector's job is to get your ____.
What is money?
200
Food, shelter, clothing, and transportation are called the ____ ____.
What are Four Walls?
300
MYTH: If I loan money to a friend or relative, I will be _____ them.
TRUTH: The relationship will be strained or destroyed.
What is helping?
300
Before making a purchase, consider the "true cost," also known as the ______ ______ of your money.
What is opportunity cost?
300
Collectors are taught strategies to use with people in order to evoke (bring out) strong _____.
What is emotion?
300
A legal procedure for dealing with debt problems of individuals and businesses is called ____.
What is _____.
400
MYTH: You can get a good deal on a new car.
TRUTH: A new car loses ____% of its value in the first four years. This is the largest purchase most consumers make that goes down in value.
What is 70?
400
NEVER buy something (or invest in something) that you do NOT _______.
What is understand?
400
The three credit bureaus are Experian, TransUnion, and ____.
What is Equifax?
400
In 1977, a consumer law was passed by Congress called the ____ _____ ____ _____ ____ ____ (FFDCPA) to protect you from unfair collectors.
What is Federal Fair Debt Collection Practices Act?
400
The FFDCPA states that _____ is illegal; collectors may ONLY call debtors at their homes or on their personal cellular phones between the hours of 8 am and 9 pm.
What is harassment?
500
The first step towards becoming debt-free is to ____ _____ money!
What is stop borrowing?
500
Our bodies go through _____ changes when we make significant purchases.
What is physiological?
500
______-______ is the fastest-growing white collar crime in North America today.
What is Identity-theft?
500
If you are unable to pay the minimum payments on all debts, use the ____ ____ Plan to determine which amount to pay each collector each month.
What is Pro Rata?
500
A court-ordered attachment that allows a lender to take money owed directed fro a borrower's paycheck is called ___.