BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 26
reduce your finance charges.reconsider your decision to borrow
money.discover a less expensive type of loan.
find a lender that charges a lower rate.
purchase goods and services without specific limitations.
Question 12. 12. (TCO 3) Typically, a person can obtain the least
expensive loan through
parents or family members.banks.
savings and loan associations.
finance companies.
loan sharks.
Question 13. 13. (TCO 3) Referring to trends in credit union
membership, it can be observed that membership has been
restricted by the Tax Reform Act of 1986.
declining gradually.
static.
growing steadily.
restricted by state laws.
Question 14. 14. (TCO 3) Which one of the following is a signal of a
potential debt problem?