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Debt consolidation: Quiz


Question 1: In this case, a ________ is secured against the house.
Real estateLienConveyancingMortgage

Question 2: Finance series
Financial markets
Financial market participants
Personal finance
Public finance
Banks and Banking
Financial regulation
StockBond (finance)Preferred stockCorporate finance

Question 3: This is often done to secure a lower ________, secure a fixed interest rate or for the convenience of servicing only one loan.
Money supplyInterest rateCentral bankDebt

Question 4: Retirement plan
Social security
Corporate action
Business planFactoring (finance)Corporate financeCapital budgeting

Question 5: Many students however, are struggling with ________ well after their courses have finished
Consumer debtCredit (finance)DebtBond (finance)

Question 6: The ________ to the lender is reduced so the interest rate offered is lower.
Financial riskUncertaintyRiskRisk management

Question 7: Salary
Employee stock options
Direct deposit
Full-timeWorkers' compensationEmployee benefitLife insurance

Question 8: ________ can carry a much larger interest rate than even an unsecured loan from a bank.
American ExpressVisa Inc.Credit cardDebit card

Question 9: Debt consolidation entails taking out one ________ to pay off many others.
Consumer debtBond (finance)LoanCredit (finance)

Question 10: Financial planner
Financial independence
Estate planning
DebtPersonal financePawnbrokerFinancial adviser


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