48774363-FP101-Final-Quiz - Copy

48774363-FP101-Final-Quiz - Copy - Final Assignment FP 101...

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Final Assignment FP 101 1) When does repayment of a PLUS loan begin? A. 6 months after disbursement B. 6 months after graduation C. 9 months after graduation D. 2 months after disbursement 2) Which of the following is true about credit reports? A. A credit report does not list requests f B. You always have to pay for a credit re C. There is only one credit bureau that p D. You can get a free credit report by co 3) Which of the following is true about student loans?
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1) When does repayment of a PLUS loan begin? A. 6 months after disbursement B. 6 months after graduation C. 9 months after graduation D. 2 months after disbursement A. All student loans are subsidized. B. All student loans are issued by the fed C. Rates on student loans tend to be mor credit. D. You do not need to be a US citizen to 4) Which of the following is not a good reason to refinance a home mortgage? A. A reduction in the term of the mortga B. Access to the equity in the home C. A reduction in the interest rate of at le
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1) When does repayment of a PLUS loan begin? A. 6 months after disbursement B. 6 months after graduation C. 9 months after graduation D. 2 months after disbursement A. A reduction in the term of the mortga D. A significant increase in the monthly 5) Which of the following is not true about student loans? A. There are two types of student loans: B. You may qualify for a loan even if yo C. It is possible to defer payment on som D. They often carry lower interest rates t 6) Which of the following is considered a sign of credit card debt trouble?
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1) When does repayment of a PLUS loan begin? A. 6 months after disbursement B. 6 months after graduation C. 9 months after graduation D. 2 months after disbursement A. You are at or over the limit on all of y B. Don’t use your credit cards to pay for C. You avoid credit cards with high inter D. You pay your credit card balances in 7) Which of the following is not a good option if you recognize signs of credit trouble in yourself? A. You should think about ways to cut e B. You should use your savings to pay y C. You should get advice from a legitim D. You should think about steps to reduc
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1) When does repayment of a PLUS loan begin? A. 6 months after disbursement B. 6 months after graduation C. 9 months after graduation D. 2 months after disbursement A. You should think about ways to cut e 8) Which type of mortgage loan features rates that change periodically with market conditions? A.
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48774363-FP101-Final-Quiz - Copy - Final Assignment FP 101...

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