Fin

Question : Explain rule 28/36 in regards to debt

-

income ratio?

Question :

What is the difference between Gross and Net income?

Question :

Can retirement accounts be used as

collateral for a loan?

Question :

Explain why its important to

consider the APR when shopping for credit cards.

Question : What is the difference between a Subsidized

and an Unsubsidized student loan?

Question : Payday Loans and Title Loans are illegal in

a few states.

Why are some of these loans

considered Predatory Lending?

Question :

Explain why it is important to have a positive credit history.

Question :

List the 5 activities that drive your FICO score.

Question :

A report from the Federal Trade

Commission (FTC) showed as many as 25% of

credit reports contain errors.

What website allows me to view my credit report from each of the

three credit reporting agencies?

REFER TO YOUR ASSIGNED CASE

Question: Does your person(s) have credit card debt?

W

hat is their APR?

Should they focus

their energy on paying this off?

If so, where should the funds come from and why?

Question : Explain rule 28/36 in regards to debt-income ratio?

Question : What is the difference between Gross and Net income?

Question : Can retirement accounts be used as collateral for a loan?

Question : Explain why its important to consider the APR when shopping for credit cards.

Question : What is the difference between a Subsidized and an Unsubsidized student loan?

Question : Payday Loans and Title Loans are illegal in a few states. Why are some of these loans

considered Predatory Lending?

Question : Explain why it is important to have a positive credit history.

Question : List the 5 activities that drive your FICO score.

Question : A report from the Federal Trade Commission (FTC) showed as many as 25% of

credit reports contain errors. What website allows me to view my credit report from each of the

three credit reporting agencies?

REFER TO YOUR ASSIGNED CASE

Question: Does your person(s) have credit card debt? What is their APR? Should they focus

their energy on paying this off? If so, where should the funds come from and why?