Questions from Personal Finance


Q: Credit Rights. Under what conditions does the Equal Credit Opportunity Act

Credit Rights. Under what conditions does the Equal Credit Opportunity Act prohibit creditors from denying credit? If you are denied credit, do you have the right to know the reason for the denial?

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Q: Charitable Gifts. How are charitable gifts treated for tax purposes?

Charitable Gifts. How are charitable gifts treated for tax purposes?

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Q: Economic Impact on Asset Values. Explain in logical terms why values

Economic Impact on Asset Values. Explain in logical terms why values of assets such as homes and stocks may decline during a weak economy. How does this change affect your net worth?

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Q: Using Time Value to Estimate Savings. DeMarcus wants to retire with

Using Time Value to Estimate Savings. DeMarcus wants to retire with $1 million in savings by the time he turns 60. He is currently 18 years old. How much will he need to save each year, assuming he ca...

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Q: Liquidity Risk. How does liquidity risk affect money management?

Liquidity Risk. How does liquidity risk affect money management?

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Q: Checking Credit Scores. Why should you be careful about checking your

Checking Credit Scores. Why should you be careful about checking your credit score on one of the numerous “free” sites?

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Q: Credit Counseling. Explain the advantages and disadvantages of using a credit

Credit Counseling. Explain the advantages and disadvantages of using a credit counseling organization.

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Q: Impact of Credit Report. Explain how a weak credit report can

Impact of Credit Report. Explain how a weak credit report can affect you.

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Q: Credit CARD Act. What are the three major impacts of the

Credit CARD Act. What are the three major impacts of the Credit CARD Act?

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Q: Rewards Cards. List some examples of common rewards offered to cardholders

Rewards Cards. List some examples of common rewards offered to cardholders.

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