If a loan has a prepayment penalty, there will be an additional cost to repay the loan early:

Question 39 options:

if the loan is repaid before the first payment is due.

if the lender wants to recover part of the full interest that would have been earned.

if the borrower has defaulted on any monthly payment.

if the loan is not repaid before the loan maturity date.

if the loan is prepaid 3 months before the loan maturity.

Which of the following is an example of phishing?

Question 20 options:

	Using bills in the trash to obtain others personal information
	Rerouting bills to a different address
	Getting information from financial institutions under false pretenses
	Stealing wallets
	Pretending to be an employee of a financial institution