Payday lenders - Study guides, Class notes & Summaries

Which cycle describes members who are just surviving and living paycheck to paycheck? - Answer- Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Answer- Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - Answer- Communicates in an orderly, specific, and straight-forward way The Johari Window describe...

Which of the following is a major advantage to forming a corporation? • Lenders of a corporation do not have the right to claim the corporation's assets to pay its debts. • The income from a corporation is not taxed. • Stockholders have limited liability for the debts of the corporation. • A corporation is usually managed by its owners. CONCEPT Businesses and Organizations 2 Which of the principles below does Val follow when she reviews her records to make sure that ...

Which cycle describes members who are just surviving and living paycheck to paycheck? - ANSWEREarn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - ANSWERPresenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - ANSWERCommunicates in an orderly, specific, and straight-forward way The Johari Window describes four...

Which of the following is a major advantage to forming a corporation? • Lenders of a corporation do not have the right to claim the corporation's assets to pay its debts. • The income from a corporation is not taxed. • Stockholders have limited liability for the debts of the corporation. • A corporation is usually managed by its owners. CONCEPT Businesses and Organizations 2 Which of the principles below does Val follow when she reviews her records to make sure that ...

Banking test What are the three main responsibilities of the Federal Reserve? - CORRRECT ANSWERS1. Provide and Maintain an effective payment system 2. Supervise and regulate banking operations 3. Conduct monetary policy Which type of financial institution typically has some sort of requirement to be a member? - CORRRECT ANSWERSCredit Union Which type of bank account is typically the most liquid? - CORRRECT ANSWERSChecking Account Compare/ contrast a checking account and savings accou...

FiCEP Exam Questions and answers, rated A+ Which cycle describes members who are just surviving and living paycheck to paycheck? - - Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - -Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - -Communicates in an orderly, specific, and straight-forward way T...

FICEP EXAM 2024 QUESTIONS WITH VERIFIED SOLUTIONS ALREADY PASSED Which cycle describes members who are just surviving and living paycheck to paycheck? - CORRECT ANSWER Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - CORRECT ANSWER Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - CORRECT ANSWER...

2024/2025 FiCEP Exam - Questions with 100% Correct Answers Which cycle describes members who are just surviving and living paycheck to paycheck? a. Earn / spend / earn / spend b. Earn / spend / borrow / spend c. Earn / spend / save d. Earn / borrow / spend / save Financial counselors who don't use what they know about hemispheric thinking, may fall into the trap of: a. Assuming the member will succeed if they work with the counsellor b. Asking too many questions c. Telling the member what the...

Liquidity The ability to convert an asset to cash quickly Products that are liquid Stocks and Money Market accounts Gift Cards a card that is given as a gift with a specified amount of money. There is a monthly inactivity fee that may begin after 12 months. Discretionary income The amount of an individuals income that is left for spending investing or saving after taxes and personal necessities. Money orders a certificate that allows the stated payee to receive c...

Liquidity The ability to convert an asset to cash quickly Products that are liquid Stocks and Money Market accounts Gift Cards a card that is given as a gift with a specified amount of money. There is a monthly inactivity fee that may begin after 12 months. Discretionary income The amount of an individuals income that is left for spending investing or saving after taxes and personal necessities. Money orders a certificate that allows the stated payee to receive c...