True or False

_ Companies that provide "payday" loans and "title" loans are considered to be predatory lenders.

_ A progressive income tax system means everyone pays the same percentage rate.

_ A tax deduction saves you more in taxes than a tax credit.

_ Most earned income, unearned income, and capital gains are taxable.

_ When you land your dream job after college, your employer will likely pay for 100% of your health insurance.

_ Home equity is the value of your home minus any loans on the house.

_ The interest rate charged on a secured credit card is likely higher than the interest on an unsecured card.

_ You can calculate your FICO score yourself at home by using their formula.

_ Unemployment paid to an unemployed worker comes from taxpayer funds.

_ Workers Compensation is an insured program that pays for any on the job injuries.

_ It is possible to have a negative net worth.

_ Buying or selling of "junk bonds" is illegal.

_ Most people now employed will never recieve a traditional pension.

_ Your gambling winnings in a casino are taxable.