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W!SE Financial Literacy Certification Test Review| Questions and Answers
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Consequence of paying the minimum payment due on a credit card bill or paying a bill late - ANSWER Interest will continue to grow and you will have to pay a late fee on late payments. Debt to Credit Ratio: - ANSWER - its the amount of credit your using Credit Reports - ANSWER a detailed report of an individuals credit history prepared by a credit bureau and used by a lender to in determining a loan applicants creditworthiness.
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