Payday loans - Study guides, Class notes & Summaries
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BTEC FINANCE Level 3 - Unit 3 Finance Exam Questions and Answers (Graded A+)
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BTEC FINANCE Level 3 - Unit 3 Finance Exam Questions and Answers (Graded A+) what are the advantages of travel insurance? - ANSWER good for emergencies (can 
get booking costs back if your flights are cancelled), if you contract a disease your travel 
insurance will cover treatment costs that your medical insurance might not, may policies 
provide coverage for lost, stolen or damaged luggage 
what are the advantages of pet insurance? - ANSWER can cover unexpected vet bills, 
provides peace of mi...
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LUOA Personal Finance Module 3 Questions with Correct Answers
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LUOA Personal Finance 
Module 3 Questions with 
Correct Answers 
 
What is a credit score? - Answer-a "snapshot" of a person's credit worthiness at one 
point in time 
What company is the leading source for most lenders researching credit information on 
a person applying for a loan or some type of credit? - Answer-The Fair Isaac 
Corporation 
What is the credit utilization ratio? - Answer-it is a ratio of the amount of debt you owe to 
the amount of debt you have been approved for 
What thre...
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Wise Test Study Guide with Complete Solutions 100% Solved 2024
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What are the sources of income? - wages, rentals, interest, capital, profits, investments, entrepreneurship 
 
What is exemption (allowance) and how does it work? - allowance is used to reduce amount of taxed income 
 
What are Gift Cards and how do they work? - they are a closed loop system and open loop system 
 
What is a money order? - it is a payment order for a pre-specified amount of money and is purchased at different types of stores -- it is used as a check. 
 
Why does the U.S. currenc...
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Economics Unit Exams 1-5 Primavera Questions and Answers (2023/2024) with Certified Solutions
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Economics Unit Exams 1-5 Primavera Questions and Answers (2023/2024) with Certified Solutions 
NB: Answers appear at the bottom of the choices and are highlighted in yellow. 
Read the sentence. You own a greeting card startup business with a limited advertising budget. Which form of advertising offers the greatest benefit at the lowest cost? online, because it reaches the widest consumer base and is cost-effective television, because it reaches the widest consumer base once production costs are ...
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FIN101 Final Exam Ball State University - Olga McAtee (Ch. 6-10) Questions and Answers Solved 100%
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401(k) Plans - plans that allow employees to make tax-favored pay deferrals toward retirement 
savings through a payroll deduction plan 
Actively Managed Funds - funds that are managed by professional investors who constantly "buy 
low" and "sell high" 
Alternative Financial System - payday loans, pawn shops, check cashers, etc. 
Auto Insurance - protects against losses to property and injuries to people in a car accident. 
Auto Insurance Split Limits - a provision of an insurance policy tha...
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Banking Wise Practice Test Exam Questions with 100% Correct Answers 2024 I
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Banking Wise Practice Test Exam Questions with 100% Correct Answers 2024 
If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the 
US Treasury Department- In order to track large deposits, the federal government requires that deposits of $10,000 or more be reported to the Treasury Department. Some concerns may be that a person might be trying to avoid paying taxes on game winnings or perhaps illegal gains 
 
 
The National Credit Union Administration (NCUA) i...
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FCS-340 Exam with Guaranteed Accurate Answers
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If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - correct answer Anywhere between $50 to $500 
 
When you select a financial services provider, what are major factors to consider? - correct answer Convenience; Service; Interest rates (borrowing); Fees 
 
What type of financial services does a credit card company provide - correct answer Short-term lending 
 
What type of financial services does a investment company provi...
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Updated FiCEP Test - Questions and Answer, Summer 2024
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Updated FiCEP Test - Questions and Answer, Summer 2024 Money avoidance is the idea that money is evil or ______________ Undeserved The idea that money is the way to solve all a member's problems is money ______________ Worship Money ____________ is the member's belief that wealth is tied to self-worth. Money is seen as a member's way to one-up others. Status Money vigilance is a member's perceived need for ___________ about their financial matters. Secrecy The ideal spending cycle a member...
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UGBA 135 Final Exam Questions and Answers 2023 Complete
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UGBA 135 Final Exam Questions and Answers 2023 Complete 
 
What is "good debt"? 
Taking out loans in order to pay off a car, a mortgage or an education or starting a business 
What is considered "bad debt"? 
- Borrowing money to support a lifestyle of living beyond one's means 
What is the definition of a Modern Day Millionaire? 
- Financially independent, no government assistance, living the life they want to lead 
What is a credit card? 
- An unsecured line of credit 
- based on good fait...
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BTEC FINANCE Level 3 - Unit 3 – Finance Latest Exam Graded A+
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BTEC FINANCE Level 3 - Unit 3 – Finance Latest Exam Graded A+. what are the advantages of life insurance? - ANSWER provides permanent protection, 
flexible, tax benefits, low premiums for new policies 
what are the advantages of travel insurance? - ANSWER good for emergencies (can 
get booking costs back if your flights are cancelled), if you contract a disease your travel 
insurance will cover treatment costs that your medical insurance might not, may policies 
provide coverage for lost, stol...
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