QUESTION 4 1 points Save Answer All of the below factors can affect the finance cost of your car loan, except: Source of the car loan Short term vs long-term Leasing vs buying Secured loan vs unsecured loan QUESTION 5 1 points Save Answer All of the following are warning signs of debt problems, except O You use savings to pay for necessities such as food and utilities. You receive second and third payment due notices from creditors. You exceed the credit limits on your credit cards. You pay your credit card bills in full each period. The total balance on your credit cards increases every month. QUESTION 6 1 points Save Answer All of the below are true regarding variable rate loans, except: The interest rate varies based on the market. They are easier to budget for. They are less risky for the lender. They are more risky for the borrower. QUESTION 7 1 points Save Answer Suppose you borrowed the money you needed to purchase an automobile and then failed to make a scheduled payment by the due date. Technically, you: are bankrupt. are in default. are usually not given a chance to make good on the overdue payment with no impact. will not hurt your credit score. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit