Weegy: A. Student Loan is considered a cash outflow on your Personal Cash Flow Satatement.
User: 24) Which of the following is not a type of consumer credit?
A. Credit card accounts
B. Automobile loans
C. Savings accounts
D. Student loans
User: 26) If you receive a bill in December, and you pay it in January, where do you include it in your Personal Cash Flow Statement?
A. You include it as expenditure in December, because that’s when you received it.
B. You don’t include it, because it is received in one year and paid in the following year.
C. You include it in both months, because you received it in one month, and paid it in the other.
D. You include it as expenditure in January, because that’s when you paid it.
User: 27) Which of the following FICO credit scoring factors is carries the greatest weight?
A. payment history
B. recent credit activity
C. variety of debt sources
D. debt
Weegy: D. recent credit history.
User: 28) What is the timeframe for removing negative credit information, with the exception of bankruptcies, from a credit report?
A. after 3 years
B. after 10 years
C. after 7 years
D. after 5 years
Weegy: answer is B. after 10 years.
User: 29) Which law gives you the right to know what is contained in your credit report?
A. Equal Credit Opportunity Act
B. Fair Credit Reporting Act
C. Fair Credit Billing Act
D. Truth in Lending Act
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