Financial Quiz - 02

Monday, March 22, 2021

The answers to last week's quiz:

What is an ATM? Automated Teller Machine

When was the ATM invented? 1967

Third question: None of the answers were correct

Today's quiz is about Debt.

Link to the Anvil debt cartoon here.

 

What is debt consolidation?

1. Credit counseling

2. A way to reduce interest rates

3. Insolvency proceedings

4. None of the above

 

 

Bill consolidation is ideal for:

1. Credit card debt

2. Mortgage loan

3. Cash advances

4. None of the above

 

Is there an alternative to bankruptcy?

1. Do nothing

2. Sue your creditors

3. Settle your debts

4. None of the above

 

Post filed under

Cogito
Debt
Finance
Financial Awareness 101
Lifestyle

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