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Question 2. When obtaining open-end credit, you may see this being
offered as
installment credit.
a box of credit.
convenience credit.
revolving credit.
a single lump-sum credit.
Question 3. Which one of these agencies can provide a report about
your past and present credit activity to a prospective creditor?
The Federal Reserve Bank in your district
The Audit Bureau of Circulation
The Federal Trade Commission
A debit bureau
A credit bureau
Question 4. Dividing monthly debt payments (not including house
payments) by net monthly income will allow you to calculate your
_____.
net-worth-to-debt ratio
debt-payments-to-income ratio
liability status
credit capacity status
income-to-liability ratio