AGEC 235 EXAM 2 KILMER TAMU
QUESTIONS WITH CORRECT ANSWERS
FICO score - correct answer-✅300-850
5 factors that determine credit score - correct answer-✅payment history 35%
amount owed 30%
length of history 15%
type of credit 10%
new credit 10%
Where can you get 1 free credit report a year? - correct answer-✅Annual credit report.com
3 major credit bureaus - correct answer-✅Equifax, Experian, TransUnion
5 C's of credit - correct answer-✅Character, Capacity, Capital, Collateral, Conditions
3 ways credit cards benefits consumer - correct answer-✅bill consolidation
emergency money
identification
3 loans that dont need a cosigner - correct answer-✅subsidized
unsubsidized
short term
which loan doesnt accrue interest during college? - correct answer-✅Subsidized
limit of sub and unsub loans for dependent senior? - correct answer-✅7500 yearly
31000 lifetime
What does national student loan data tell you? - correct answer-✅Loan status
principle amounts
interest rates
interest accrued
service information
Where do you find out about student loans and repayment? - correct answer-✅Student aid .gov
your credit score is 800 you marry someone with a credit score of 550 so instantly your credit score
drops - correct answer-✅FALSE
What do health insurance companies look for when
they decide what your deductible and premium will
be? - correct answer-✅Risky activities
Medical history and behaviors
Educational level
Which term best describes the money you pay to an
health insurance company on a regular basis - correct answer-✅Premium
which health insurance plans only cover the costs for
services by in-network physicians and specialists? - correct answer-✅HMO
A ______ is a person that can legally certify your
signature on documents like a will. - correct answer-✅Notary
3 ways the career center helps you post graduation - correct answer-✅virtual mock interviews
resume cover letter
salary evaluation/negotiation
List 5 steps that the career center recommends for preparing for professional interview - correct answer-
✅1. reread position description
2. check employers website
3. know the employers services and products
QUESTIONS WITH CORRECT ANSWERS
FICO score - correct answer-✅300-850
5 factors that determine credit score - correct answer-✅payment history 35%
amount owed 30%
length of history 15%
type of credit 10%
new credit 10%
Where can you get 1 free credit report a year? - correct answer-✅Annual credit report.com
3 major credit bureaus - correct answer-✅Equifax, Experian, TransUnion
5 C's of credit - correct answer-✅Character, Capacity, Capital, Collateral, Conditions
3 ways credit cards benefits consumer - correct answer-✅bill consolidation
emergency money
identification
3 loans that dont need a cosigner - correct answer-✅subsidized
unsubsidized
short term
which loan doesnt accrue interest during college? - correct answer-✅Subsidized
limit of sub and unsub loans for dependent senior? - correct answer-✅7500 yearly
31000 lifetime
What does national student loan data tell you? - correct answer-✅Loan status
principle amounts
interest rates
interest accrued
service information
Where do you find out about student loans and repayment? - correct answer-✅Student aid .gov
your credit score is 800 you marry someone with a credit score of 550 so instantly your credit score
drops - correct answer-✅FALSE
What do health insurance companies look for when
they decide what your deductible and premium will
be? - correct answer-✅Risky activities
Medical history and behaviors
Educational level
Which term best describes the money you pay to an
health insurance company on a regular basis - correct answer-✅Premium
which health insurance plans only cover the costs for
services by in-network physicians and specialists? - correct answer-✅HMO
A ______ is a person that can legally certify your
signature on documents like a will. - correct answer-✅Notary
3 ways the career center helps you post graduation - correct answer-✅virtual mock interviews
resume cover letter
salary evaluation/negotiation
List 5 steps that the career center recommends for preparing for professional interview - correct answer-
✅1. reread position description
2. check employers website
3. know the employers services and products
