Econ answer the following?
The key to financial power lies in your credit rating. If you plan to get a home loan, save money and get better credit starting now!
1 true,
2. false (7 years)
3. idk
4.false (principle is the amount of the loan)
5. true
6. false (they have a cap or limit)
7. true
8. true
9. false (cosigner is an individual who is on your loan with you .. a "Co-debtor")
10. false (they can be used anywhere)
11. IDK
14. true
15. false (requires loan instutitutions to fully disclose their terms before you accept the loan)
16.true
17. true
18. false. (reduces monthly payment but requires a large final payment when the term expires)
19. IDK
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