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Loan Questions Quiz

Authored by Халиун Даваасүрэн

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Loan Questions Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Do I ______ a loan?

need

want

have

get

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can I ______ for a loan?

apply

sing

dance

cook

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Interest Rate in the VFC Conditional Sales Contract?

5%

7%

10%

12%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount in "The Bottom Line" section of the VFC Conditional Sales Contract?

$5,000

$10,000

$15,000

$20,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest charged ________

on a loan

on a credit card

on a savings account

on a gift card

on a prepaid card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Other charges such as ______ charges, credit-related insurance premiums, and ________ fees

late

service

early

processing

administrative

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Effective Annual Interest Rate may be _____ than Annual Percentage Rate

higher

lower

equal

unrelated

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