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Dave Ramsey - Chapter 4 Review

Authored by Judith Kitchens

Business

12th Grade

45 Questions

Used 6+ times

Dave Ramsey - Chapter 4 Review
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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Predatory lenders use all of the following to prey on desperate people except . . .

Unfair practices

Deceptive tactics

Truthful logic

Fraudulent info

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is not factored into the loan payment on a new car?

Term

Interest

Principal

Equity

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A clothing store credit card is an example of what type of debt?

Installment Credit

Revolving Credit

Personal Loan

Lien

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

With a debit card, you can do everything you can do with a credit card except what?

Rent a car

Stay at a hotel

Go into debt

Fly on an airplane

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of these is not one of the main credit bureau reporting agencies?

Identifax

Equifax

TransUnion

Experian

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Checking your credit report regularly can help you spot signs of ______.

Who is looking at your credit score

Having too many loans

Identity Theft

None of these

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The first step of the debt snowball method is to list all your debts _______.

in the order you obtained them

smallest to largest

by importance

largest to smallest

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