Tips and Tools For Financial Success - Newton Free Library
Tips and Tools For Financial Success - Newton Free Library
Tips and Tools For Financial Success - Newton Free Library
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8. Which of the following statements apply to rent-to-own services?<br />
a. The store is the legal owner until you make the final payment.<br />
b. If you miss a payment the store may repossess the item.<br />
c. You will pay more than if you used an installment loan.<br />
d. All of the above<br />
9. The Federal Trade Commission has publications on the following:<br />
a. Renting a car<br />
b. Buying a car<br />
c. Automobile maintenance<br />
d. All of the above<br />
10. All of the following are advantages of car loans rather than car leases except:<br />
a. No mileage restrictions<br />
b. Payments are lower<br />
c. No additional cost for wear <strong>and</strong> tear<br />
d. The car belongs to you after you have paid it off<br />
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