Getting a loan to pay off other debts is called .
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1
Choices That Affect Income
1-1
Personal Financial Decisions
1-2
Career Planning
2
Income Sources
2-1
Earned Income and Benefits
2-2
Unearned Income
2-3
Taxes and Other Deductions
3
Income and Purchasing Power
3-1
Inflation and Prices
3-2
Price and Demand
3-3
Selling and Buying Strategies
4
Financial Decisions and Planning
4-1
Resources and Choices
4-2
Budgeting
4-3
Personal Financial Planning
5
Banking Procedures
5-1
Checking Accounts
5-2
Savings Accounts
5-3
The Federal Reserve System
6
Personal Risk Management
6-1
Risk Assessment and Strategies
6-2
Income Protection
6-3
Property Protection
7
Buying Decisions
7-1
Buying Plans
7-2
Sources and Benefits of Credit
7.3
Costs of Credit
8
Paying for Credit
8.1
Payment Methods
8.2
Consumer Loans
8.3
Credit Tips
9
Credit Problems and Laws
9.1
Resolving Credit Problems
9.2
Bankruptcy
9.3
Consumer Protection and Laws
10
Understanding Saving and Investing
10.1
Reasons for Saving and Investing
10.2
Saving and Investing Principles
10.4
Saving and Investing Strategies
11
Savings and Investing Options
11.1
Low-Risk Investment Options
11.2
Medium-Risk Investment Options
11.3
High-Risk Investment Options
12
Buying and Selling Investments
12.1
Researching Investments
12.2
Buying and Selling Securities
Textbook Solutions for Personal Financial Literacy
Chapter 9 Problem 4
Question
A federal law that makes discrimination in the granting or denial of credit illegal is the .
Solution
The first step in solving 9 problem number 4 trying to solve the problem we have to refer to the textbook question: A federal law that makes discrimination in the granting or denial of credit illegal is the .
From the textbook chapter Credit Problems and Laws you will find a few key concepts needed to solve this.
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Title
Personal Financial Literacy 1
Author
Joan Ryan
ISBN
9780538444521
A federal law that makes discrimination in the granting or denial of credit illegal is
Chapter 9 textbook questions
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Chapter 9: Problem 1 Personal Financial Literacy 1
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Chapter 9: Problem 2 Personal Financial Literacy 1
The is a federal law requiring creditors to resolve disputes in billing within a specified period of time.
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Chapter 9: Problem 3 Personal Financial Literacy 1
is a legal procedure to relieve a person who cannot pay debts of those debts or to create a payment plan for paying some of the debts.
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Chapter 9: Problem 4 Personal Financial Literacy 1
A federal law that makes discrimination in the granting or denial of credit illegal is the .
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Chapter 9: Problem 5 Personal Financial Literacy 1
The is a federal law giving consumers the right to know what is in their credit file and to challenge information in the file.
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Chapter 9: Problem 6 Personal Financial Literacy 1
In a type of bankruptcy called , the debtor repays part or all of the unsecured debt over 3 to 5 years.
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Chapter 9: Problem 7 Personal Financial Literacy 1
A remedy or action taken to seek aid, such as for the correction of an error in a credit account, is called .
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Chapter 9: Problem 8 Personal Financial Literacy 1
A court order called a(n) pardons a debtor from paying debts.
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Chapter 9: Problem 9 Personal Financial Literacy 1
A proceeding in which a creditor may legally take possession of money or goods held by a third party in payment of a borrowers debt is called .
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Chapter 9: Problem 10 Personal Financial Literacy 1
A(n) is property a debtor is allowed to keep in a bankruptcy proceeding.
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Chapter 9: Problem 11 Personal Financial Literacy 1
When someone intentionally uses another persons credit card to steal money, that is called .
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Chapter 9: Problem 12 Personal Financial Literacy 1
A federal law, the , prohibits abusive practices when collecting debt.
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Chapter 9: Problem 13 Personal Financial Literacy 1
A type of bankruptcy called is also known as straight bankruptcy.
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Chapter 9: Problem 14 Personal Financial Literacy 1
When a debtor gets behind in making payments, the account is said to be in
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Chapter 9: Problem 15 Personal Financial Literacy 1
Records that can be used to support a claim, also known as , can help win an adjustment to a credit account
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Chapter 9: Problem 16 Personal Financial Literacy 1
Borrowing money using the equity in your home as security is getting a(n) .
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Chapter 9: Problem 17 Personal Financial Literacy 1
A fake offer, sale, or other gimmick, called a(n) , is designed to cheat consumers.
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Chapter 9: Problem 18 Personal Financial Literacy 1
A document that gives a persons credit history and current status with regard to credit and income is called a(n) .
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Chapter 9: Problem 19 Personal Financial Literacy 1
The is a federal law that requires that consumers be fully informed about the true cost of credit.
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Chapter 9: Problem 20 Personal Financial Literacy 1
A legal process a creditor can use to force the sale of mortgaged property to repay the mortgage when a borrower does not make mortgage payments is called .
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Chapter 9: Problem 21 Personal Financial Literacy 1
The process of taking an asset used for collateral, such as a car, and selling it to pay a debt is called .
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