Home      Tests New!      Polls      Take a Quiz     Make a Quiz     Login     Contact QuizMoz Go to Home Page  
   
  Find a quiz.
  Example: Harry Potter Quiz


Create your own Poll
Create a Test
Make a Trivia Quiz
Make a Quiz about Yourself
Make Free Personality Test
Create a Survey


Now you can Read Books Online Free at ReadCentral.com









 

Featured Quizzes
 Love Compatibility Test
 English Language Test
 Does He Love You Quiz
 Business Phone Etiquette Quiz
 Impossible Quiz
 Personality Quiz
 CAT Preparation Mock Test
 Harry Potter Quizzes
 Keira Knightley Quiz
 Rage Against The Machines Quiz
 FIFA World Cup
 Are you in Love Quiz
 Skeletal System Quiz
 Love Personality Quiz
 Harry Potter Personality Quizzes



 



      Home > Quizzes and Fun Tests > Interesting Facts Quizzes > Debt Consolidation Quiz

 Follow QuizMoz on Twitter  Debt Consolidation Quiz

Welcome to the QuizMoz Debt Consolidation Quiz. QuizMoz offers one of the Internet's largest collection of quizzes for you to tease your brain and pit your wits against the experienced QuizMoz quiz masters. Go ahead and find out what you know about yourself and the world around you. Best of luck!!

Coverage
:
Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house. This quiz tests the quiz takers knowledge about debt consolidation.
1. Assets owed are called
a.credits
b.debts
c.lease
d.donation
2. What is debt?
a.Something owed to somebody
b.Something given to someone for free
c.Something hired from some one for free
d.Something received from some one
3. Some companies may use debt as a part of their overall corporate finance strategy.
a.true
b.false
4. Debt consolidation means
a.taking out many loans to pay off many others
b.taking out one loan to pay off many others
c.taking many loans to pay off one loan
d.giving out loans to others
5. Debt consolidation is done
a.to secure a lower interest rate
b.to secure a fixed interest rate
c.for the convenience of servicing only one loan
d.any of the above
6. In debt consolidation:
a.the risk to the lender is increased so the interest rate offered is lower
b.the risk to the lender is reduced so the interest rate offered is higher
c.the risk to the lender is reduced so the interest rate offered is lower
d.the risk to the bank is increased so the interest rate offered is lower
7. What does the collateralization of the loan allow?
a.a higher interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan
b.a lower interest rate than without it, because by collateralizing, the asset owner disagrees to allow the forced sale (foreclosure) of the asset to pay back the loan
c.a lower interest rate than with it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan
d.a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan
8. Debt consolidation companies can discount the amount of the loan
a.true
b.false
9. Consolidation can affect the ability of the debtor to discharge debts in bankruptcy, so
a.the decision to consolidate must not be weighed carefully
b.the decision to consolidate must be weighed carefully
c.the decision to consolidate must be weighed blindly
d.the decision to consolidate must be some times weighed carefully
10. What theoretical advantage does debt consolidation offer?
a.turns low interest rates into high interest ones
b.turns high interest debt in to even higher ones
c.turns high interest debt balances in to low interest ones
d.all of the above
Think you know more about this quiz!

 
Please enter your Name and what you would like to tell everyone about Debt Consolidation
 Name:
Think you know more about Debt Consolidation and would like others to know too? Whether its a great fact, a joke, a personal experience or an interesting anecdote, please share it with all the human beings on planet earth. Your contribution will help keep QuizMoz a free site for all.

   (Optional)
 (average submission size - 5 to 10 lines)


Know the Latest News about Debt Consolidation!

Follow QuizMoz on Twitter


What others think about Debt Consolidation
By: Roger on 12/19/2014
  I love Quiz Games. QuizMoz is an excellent Quiz site
By: Quiz Game Player on 12/18/2014
  One day I will crack all the Impossible quizzes in the world
By: Dave on 12/17/2014
  I really enjoyed this quiz. I will take a lot of information away with me. Great quiz
By: Erin on 12/16/2014
  it was a fun and interseting quiz!
By: Penny on 12/15/2014
  NICE WEBSITE, great quiz!
By: Laura on 12/14/2014
  I appreciate the time and effort that the quiz maker put into the quiz
By: Tom on 12/13/2014
  I want more quiz questions
By: Reema on 12/12/2014
  Great Quiz! The quizmaster laid out this quiz so that even beginners could learn more
By: Haris on 12/11/2014
  These quizzes will increase my vocab skill.Frequently i Have used this website to check my vocab strength.
By: Personality Quiz Man on 12/10/2014
  I love quizzes. Personality Quizzes are my favorite.
By: Tommy on 12/9/2014
  Great site. Good learning and fun.
By: quiz girl on 12/8/2014
  hey folks! i like the amazing quizzes on quizmoz. it increases your general knowledge
By: Free quiz seeker on 12/7/2014
  I am searching for an impossible quiz
By: Teena on 12/6/2014
  I love this quiz Website. This is the best free quiz site.
By: QuizMoz Fan on 12/5/2014
  I love all the QuizMoz quizzes. The general knowledge quiz is my favorite
By: Hannah on 12/4/2014
  Enjoyed it, and learned a lot about general knowledge
By: Kayla on 12/3/2014
  I think this is a great quiz full of knowlodge and information.
By: Tallitha on 12/2/2014
  This quiz is amazing
By: Hot girl on 12/1/2014
  I love answering Quiz Questions
By: Alice on 11/30/2014
  Its a very good Quiz. It rocks my socks!!!!!
  

Quizzes for this month are sponsored by www.ExpertRating.com


 

Most Popular Quizzes
 Big Brother
 FIFA
 Soccer WAGs Quizzes
 NBA 2010 Quiz
 Science Quiz for Kids
 Medical Terminology Quiz
 Career Quiz for Kids
 Home And Away Quiz
 Harry Potter Quiz
 Harry Potter and the Deathly Hallows
 US History Quiz
 Am I Pregnant Quiz
 Dating Etiquette Quiz
 Email Etiquette Quiz





 
Home     About Us      Advertise     Terms of Service     Privacy Policy     Contact QuizMoz    FAQ     SiteMap
Copyright © 2007.www.quizmoz.com. All rights are reserved.