Unit 1

What stage may include spending money on helping their children out once they have moved out?

• The Launching Stage
• The Developing Stage
• The Beginning Stage
• The Expanding Stage

What is a consumer?

• Someone who eats
• Any person that purchases something

What right addresses our ability to choose between products?

• The Right to Safety
• The Right to be Heard
• The Right to Choose
• The Right to be Informed

What act protects against abusive practices of collectors?

• Fair Debt Collection Practices Act
• Truth In Lending Act
• Fair Credit Billing Act
• Fair Credit reporting Act

What stage of the life cycle may involve expanding and buying a new home to fit the growing family?

• The Beginning Stage
• The Retirement Stage
• The Empty-Nest Stage
• The Expanding Stage

What does FCRA stand for?

• Free Credit Report Act
• Fair Credit Recall Act
• Fair Credit Reporting Act

What does FCBA stand for?

• Fair Credit Billing Act
• Flawless Care Because Act
• Flawless Care Because Act

What act protects you against inaccurate and unfair credit billing and credit card practices?

• Truth In Lending Act
• Fair Credit Reporting Act
• Fair Credit Billing Act
• Fair Debt Collection Practices Act

What does TILA stand for?

• Truth In Lying Act
• Truth In Lending Act
• Totally Incidental Act

What law applies to "open end" credit accounts?

• Fair Credit Billing Act
• Truth In Lending Act
• Fair Credit Reporting Act
• Fair Debt Collection Practices Act