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There are two major consumer credit bureaus in Canada – Equifax, TransUnion and the federal government.

The type of credit plan that requires a purchaser to make a down payment and fixed regular payments, with finance charges added to the purchase price, is a

The advantage of using credit cards is that the interest charged on overdue balances is much less than would be charged on a short-term loan from a financial institution.

Credit always works to the advantage of consumers by encouraging them to buy on impulse.

Terry (Jet Ball) is an…

There are several different types of consumer loans offered by financial institutions. The one that is guaranteed by both the federal and provincial governments is a

A good credit rating is an extremely valuable asset. Which of the following will best assist a consumer in trying to achieve a good credit rating?

The creator of Jet Ball was getting $__________ per year from 1 game  of Jet Ball

All of the following are disadvantages of credit except…

Ana had $2000 overdraft protection on her chequing account. She deposited $800 cash in her chequing account and then wrote a cheque to James for $1500. If nothing else happens to the bank account before James cashes the cheque what will happen?