| Easy Financial Quiz |
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Easy questions to polish your financial knowledge.
1. - Which type of program allows you to reduce your debt? a. Credit Counseling b. Smithsonian Loan c. Debt Negotiation 2. - What type of debt can be considered a good debt? a. Credit card debt b. Student loan debt c. Personal loan 3. - What’s considered a “bad debt”? a. A debt that cannot be collected b. A debt that you don’t have to repay c. All debts are bad debts 4. - What is the main reason why credit card debt in America is so high? a. Irresponsible purchases b. A weak economy and unemployment rate c. Both a and b Answers 1. - Answer is “c” A debt negotiation program allows you to have access to a team of experts that will negotiate your debt with your creditors, so they can agree to reduce it. 2. - Answer is “b” A student loan can be seen as a good debt because it’s money that was borrowed for a good purpose. 3. - Answer is “a” A “bad debt” is a debt that cannot be collected. But it’s better if you have no debts. 4. - Answer is “c” Credit card debt in America is at a very high level. Many consumers are finding it difficult to make ends meet due to a weak economy and a high unemployment rate. Added to this crisis, many consumers use their credit cards for irresponsible purchases, such as buying things that they know they won’t be able to repay at the end of the month. Call U.S. Financial Management for a free, no obligation consultation at 1.800.738.5351, or visit www.usfmgroup.com. Discover why a debt negotiation program may be your best option. |
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