Types of Loans

Types of Loans

12th Grade

20 Qs

quiz-placeholder

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Types of Loans

Types of Loans

Assessment

Quiz

Other

12th Grade

Easy

Created by

Jeanine Giersch

Used 2+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is an Auto Loan an Installment Loan?

Yes

No

2.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is a Mortgage a Secured Loan?

Yes

No

3.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is a PayDay Loan a Variable Rate loan?

Yes

No

4.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is a Student Loan a Secured loan?

Yes

No

5.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is a Student Loan a Fixed Rate Loan?

Yes

No

6.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is a Line of Credit a Revolving Loan?

Yes

No

7.

MULTIPLE CHOICE QUESTION

10 sec • Ungraded

Is an Auto Loan an unsecured loan?

Yes

No

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