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Money matters
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| Question | Answer |
|---|---|
| The two basic forms of credit most commonly used are | credit card installment loan |
| Three things affect your credit card costs | annual fee |
| Three things affect your credit card costs | finance charge |
| Three things affect your credit card costs | grace periods |
| Credit scores range from | 500 to 810. |
| the interest rate used by most banks and based on the federal fund rate. | Prime rate |
| There are three national credit bureaus | Equifax |
| There are three national credit bureaus | Experian |
| There are three national credit bureaus | Transunion |
| There are two major components which make up your credit history | consumer credit information |
| There are two major components which make up your credit history | public record |
| These five criteria are | payment history |
| These five criteria are | how much you owe |
| These five criteria are | length of credit history |
| These five criteria are | how much new credit |
| These five criteria are- | what types of credit |
| are normally used for various types of big ticket purchases individuals routinely make | Personal loans |