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Q 1/10
Score 0
To qualify for a Federal Housing Administration (FHA) loan, a person must generally fulfill which requirement?
30
have one-quarter of the cost of the home for a down-payment.
fulfill income guidelines.
provide two individuals to co-sign the loan.
have at least a high school diploma.
Q 2/10
Score 0
How can you avoid becoming a victim of identity theft?
30
Avoid using your credit card to charge purchases on the phone.
Keep your PIN on your ATM card.
Leave your wallet containing personal information where it can be stolen.
Avoid giving your Social Security number on a phone call you did not initiate.
10 questions
Q.
To qualify for a Federal Housing Administration (FHA) loan, a person must generally fulfill which requirement?
1
30 sec
Q.
How can you avoid becoming a victim of identity theft?
2
30 sec
Q.
The type of credit card issued by an oil company, bank, or department store is called a:
3
30 sec
Q.
Which of the following does the Federal Reserve use to regulate the nation's money supply?
4
30 sec
Q.
Which statement is usually true about individuals who are financially literate?
5
30 sec
Q.
Which statement best describes the relationship between a person's educational level and that person's potential earning power?
6
30 sec
Q.
New coins and currency enter the economy through the distribution system of the:
7
30 sec
Q.
When money is not used and goods and services are exchanged for other goods and services, this system is called:
8
30 sec
Q.
A person's debt ratio shows the relationship between debt and net worth. The lower the ratio means the person is:
9
30 sec
Q.
One of the benefits of holding an investment for over a year rather than selling it in less than a year is that the capital gains on the investment will be:
