Can you apply for a loan or a mortgage and earn reduced rates if you have a bed credit score?

Yes

What is gross pay?

Money received, especially on a regular basis, for work or through investments:

The amount of money earned by an Employee before deductions are taken out.

The amount of money paid to an employee after deduction are taken out

The annual rate of interest you could be required to pay on a credit card or loan is known as the annual percentage rate, or APR.

What is net pay?

The amount of money paid to an employee after deduction are taken out

a three-digit number that measures your creditworthiness .

The amount of money earned by an Employee before deductions are taken out.

Your credit history illustrates how you managed credit over all aspects of your credit existence.

What does your credit score indicate?

Your credit report is an in-depth record of your creditworthiness and private information

This is the nations health care policy for elderly and disabled.

Your financial stability and creditworthiness.

is the ability to understand the products and concepts you need to manage your money.

How do you calculate net pay?

Deductions (minus) gross pay

Gross Pay (minus) Deductions

Net pay (minus) grosspay

Gross pay (minus) net pay

What is credit?

When a borrower obtains money or something else of value and agrees to pay the lender back at a later time, usually with interest, this is known as having credit.

A federal program that provides income and health insurance to retired persons, the disabled, the poor, and other groups

The ability to understand the products and concepts you need to manage your money.

A U.S. Federal payroll tax deduction in which the money goes toward social security and medicare taxes

What is the difference between credit score and a credit report?

A Credit score is a a three-digit number that measures your creditworthiness and a credit report is an in-depth record of your creditworthiness and private information.

A Credit score is a a three-digit number that measures your creditworthiness and a credit report is Your credit history illustrated how you managed credit over all aspects of your credit existence.

Why is it crucial to have a good credit score?

Because it plays a significant role in your financial identity

Because a three-digit number that measures your creditworthiness .

Because understanding how to figure out your net pay is just as crucial as understanding how to figure out your gross compensation.

More Quizzes