misc.
person who invented credit score
Bill fair and Earl Isaac
plastic card, issued by banks and businesses, can be secure and un-secure.
what is a credit card
a loan to a government for a set amount of time for a fixed interest
What is a bond?
provides financial support to family members of your death
What is life insurance?
patient responsible for 15%, insurance responsible for 85% of bill
What is co-insurance?
who invented stocks in 1863
Who is Edward Callahan
most common type of credit
most dangerous to consumers
Credit Cards
savings account and stocks
What is Saving and Investing?
government relief program for those who lost income due to loss of job
What is unemployment insurance?
for people who own a home (property/liability)
What is Homeowners insurance?
who invented medicare
Who is president Lyndin Johnson?
prepaid credit card
has a security deposit
What is Secured?
stocks, traditional, IRA, CD, Futures
What is ways to invest?
government sponsored healthcare program for seniors and eligible disabled people
What is Medicare?
something not covered by the insurance
What are exclusions?
who invented medicade
who is president Lyndin B Johnson
Doesn't have to be backed by a deposit
Backed by credit and financial history
What is Un-secured?
not investing everything you have in one area
What is diversify?
What is Medicade?
how much you pay out of pocket
what is Co-payments?
what company was the first to introduce installment credit.
Cowperthwaite and Sons
fixed monthly payments
cars, financing, appliances, mortgages
what is installment credit?
True or false
Investing in commodities is considered to be very safe, stable, alternative investment.
what is false?
government relief program for people who lost income due to being injured on the job
what is workers comp?
designated to receive money
Who is a Beneficiary?