Questions from Personal Finance

Q: Identify several different types of federally sponsored student loan programs.

Identify several different types of federally sponsored student loan programs.

Q: As a college student, what aspects of these student loan programs

As a college student, what aspects of these student loan programs appeal to you the most?

Q: Julie Brown is a single woman in her late 20s. She

Julie Brown is a single woman in her late 20s. She is renting an apartment in the fashionable part of town for $1,200 a month. After much thought, she’s seriously considering buying a condominium for...

Q: Explain some strategies for reducing the cost of student loans.

Explain some strategies for reducing the cost of student loans.

Q: Define and differentiate between (a) fixed- and variable

Define and differentiate between (a) fixed- and variable-rate loans and (b) a single payment loan and an installment loan.

Q: Compare the consumer lending activities of (a) consumer finance companies

Compare the consumer lending activities of (a) consumer finance companies and (b) sales finance companies. Describe a captive finance company.

Q: Discuss the role in consumer lending of (a) credit unions

Discuss the role in consumer lending of (a) credit unions and (b) savings and loan associations. Point out any similarities or differences in their lending activities. How do they compare with commerc...

Q: What two questions should be answered before taking out a consumer loan

What two questions should be answered before taking out a consumer loan? Explain.

Q: List and briefly discuss the different factors to consider when shopping for

List and briefly discuss the different factors to consider when shopping for a loan. How would you determine the total cost of the transaction?

Q: Discuss the role that insurance plays in the financial planning process.

Discuss the role that insurance plays in the financial planning process. Why is it important to have enough life insurance?