What does APR stand for in the context of credit costs?
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正しくない
質問 2/10
2. 質問
1ポイント
Which type of loan typically requires collateral?
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正しくない
質問 3/10
3. 質問
1ポイント
What should a consumer do first if they identify an incorrect billing statement?
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正しくない
質問 4/10
4. 質問
1ポイント
Secured credit cards require a cash deposit that serves as collateral.
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質問 5/10
5. 質問
1ポイント
The Truth in Lending Act (TILA) requires lenders to provide clear disclosure of credit terms.
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正しくない
質問 6/10
6. 質問
3ポイント
意味
要素の並べ替え
Annual cost of borrowing including interest and fees
Time during which no interest is charged on a balance if paid in full
Charges incurred for making a payment after the due date
APR
Grace Period
Late Fees
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正しくない
質問 7/10
7. 質問
3ポイント
意味
要素の並べ替え
Requires collateral, lower interest rates
No collateral required, higher interest rates
Short-term, high-interest loan with quick repayment
Secured Loan
Unsecured Loan
Payday Loan
正しい
正しくない
質問 8/10
8. 質問
1ポイント
Arrange these steps in resolving a billing statement error in the correct order: Review the statement, Contact the billing company, Escalate to consumer-advocacy agencies, Keep a record of all communications. (put the first step at the top)
Review the statement
Escalate to consumer-advocacy agencies
Contact the billing company
Keep a record of all communications
回答を見る:
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正しくない
質問 9/10
9. 質問
1ポイント
Rank these types of loans from lowest to highest typical interest rates:
Payday Loan
Student Loan
Mortgage
Credit Card
回答を見る:
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正しくない
質問 10/10
10. 質問
1ポイント
How does regularly checking your credit report and disputing inaccuracies contribute to maintaining a healthy credit score?