Questions from Personal Finance


Q: Where would to go to obtain an installment loan to finance a

Where would to go to obtain an installment loan to finance a vehicle if you had a good credit rating and wanted to pay a low interest rate?

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Q: What three aspects of a vehicle purchase should be negotiated? In

What three aspects of a vehicle purchase should be negotiated? In what order?

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Q: Why should you make major purchase decisions at home using a decision

Why should you make major purchase decisions at home using a decision-making matrix?

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Q: Why should a shopper negotiate?

Why should a shopper negotiate?

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Q: What is dealer holdback and why is it important?

What is dealer holdback and why is it important?

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Q: What is involved in cleaning up your credit to buy a home

What is involved in cleaning up your credit to buy a home?

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Q: Distinguish between the two rules of thumb that lenders use to assess

Distinguish between the two rules of thumb that lenders use to assess housing affordability.

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Q: When using a Realtor® why should you be cautious when working

When using a Realtor® why should you be cautious when working with a seller’s agent?

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Q: What steps are involved with agreeing to terms with a seller?

What steps are involved with agreeing to terms with a seller?

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Q: Distinguish among loan estimate, closing disclosure, and uniform settlement statement

Distinguish among loan estimate, closing disclosure, and uniform settlement statement.

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