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FP/101 FP101 FP 101 Week 2 Financial Planning Quiz

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FP/101 FP101 FP 101 Week 2 Financial Planning Quiz 1. Which of the following is considered unsecured debt? 2. Which of the following is considered secured debt? 3. When you keep getting calls from a credit-card company about a bill you do not remember charging, what is the first thing you should do? 4. What is the rule of thumb about using money in a savings account to pay off a credit card balance? 5. In the event of bankruptcy, which of the following cannot be taken from you? 6. What is the best type of loan to take out for education? 7. What are two ways you can delay student loan payments? 8. Which of the following is considered a very good credit score? 9. Which of the following is NOT a credit reporting agency? 10. Which of the following is the most effective way to improve your credit score?

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