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Which of the following is a characteristic of a PLUS loan? A. The borrower pays interest during the life of the loan. B. The loan is available to parents of dependent undergraduate students. C. The maximum schedule of payment is 10 years. D. The loan is available to dependent undergraduate students.
Weegy: A. The loan is available to parents of dependent undergraduate students. User: Which of the following is true for a student to be eligible for a federal student loan? A. The student must be a U.S. citizen or a foreign student with a proper visa. B. The student can only apply if she or he files as head of household. C. The student must certify that she or he will use the funds for educational purposes. D. The student can use the funds for nondegree and continuing education coursework. Weegy: C. The student must be a U.S. citizen or a foreign student with a proper visa. User: What is a subsidized federal student loan? A. Loan whose interest is paid by the Department of Education while the student is in school B. Loan that is subsidized with a Pell grant C. Loan whose interest is paid by the student’s family while the student is in school D. Loan that is subsidized with a work-study grant Weegy: B. Loan that is subsidized by a work-study grant. User: Which group tends to offer the most favorable interest rates? A. Sales finance companies B. Brokerage firms C. Depository institutions D. Consumer finance companies Weegy: D. Depository institutions User: How might collateral for a loan affect the interest rate? A. A secured loan generally carries a lower interest rate. B. The condition of collateral determines the interest rate. C. An unsecured loan generally carries a lower interest rate. D. The amount of collateral determines the interest rate. Weegy: C. User: Which of the following is true about fixed-rate loans? A. Generally carry lower initial interest rates than variable-rate loans B. Interest rate is based on the prime rate plus a percentage C. The same interest rate applies throughout the life of the loan D. Interest rate is based on the prime rate plus a risk-free factor Weegy: The answer is B. The same interest rate applies throughout the life of the loan. User: What is an advantage of renting a living ... (More)
Question
Not Answered
Updated 7/3/2012 9:45:56 PM
5 Answers/Comments
B. The loan is available to parents of dependent undergraduate students.
Added 7/3/2012 9:41:03 PM
[Deleted]
Added 7/3/2012 9:45:33 PM
When selecting a real estate broker, which of the following is a question to ask the broker? A. Where do you live? B. Are you a good salesperson? C. Is real estate your primary profession? D. What is your background?
Weegy: Is real estate your primary profession? User: When buying a home, which of the following factors should you consider? A. Where your furniture will fit B. Current owners C. Amount of cash on hand D. Affordability of the home Weegy: Affordability of the home User: What is an advantage of renting a living space? A. Tax benefits B. Long-term fixed payments C. Earned equity D. Mobility (More)
Question
Not Answered
Updated 10/11/2010 3:40:04 PM
1 Answer/Comment
D. Mobility is an advantage of renting a living space.

Added 10/11/2010 3:40:04 PM
Is more credit cards opened a sign of credit trouble?
Question
Not Answered
Updated 10/11/2010 4:10:26 PM
1 Answer/Comment
Not necessarily. After all, you'll have your credit checked every time you apply for a credit card, which means your credit probably isn't that bad. At least, not yet. If, though, someone is opening new credit card accounts to charge more and more things they can't afford and therefore live beyond their means, then that's a sign of trouble.
Added 10/11/2010 4:10:26 PM
17,450,734 questions answered
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