49. (p. 114) When Angela wanted to provide financial security for her dependents she considered purchasing a specific type of account at a ______ A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company 50. (p. 115) Billy accepted a job at a company that specializes in providing money for short-term retail lending. Where did he go to work? A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company 51. (p. 116) Which of the following will likely provide the most expensive access to funds? A. Credit card company B. Investment company C. Life insurance company D. Mortgage company E. Payday loan company 52. (p. 114) Cathy wanted to buy some investments. To which of the following should she go? A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 53. (p. 114) Which of the following offers checking savings lending and other services? A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 54. (p. 118) In which of the following are most of the investments insured? A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 55. (p. 116) Harvey needed some cash quickly so he received a short-term loan based on the value of an old ring. Where did he go? A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 56. (p. 116) When Imogene brought a necklace to a _______ she received a loan based on its value. A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 57. (p. 116) When Jack picked up a personal computer from the _____ he really was leasing it. A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center 58. (p. 116) Louise got caught in a cash flow trap and needed money quickly. Unfortunately she didn’t shop around and she went to a _____. As a result her annual percentage rate was higher than 375%! A. Commercial bank B. Check-cashing outlet C. Pawnshop D. Payday loan facility E. Rent-to-own center
