E: 12/12 Win An iPad Air

Lakshmi7

Totally Money Login/Register

Please thank createbeauty for kindly providing the answers. :T :T :T

Humph

12 out of 16 - could and should have got more if I read the questions more carefully

createbeauty

1. Your AnswersWhich of the following is greater than 50%?
Correct answer: 4/7

2. What does APR stand for?
Correct answer: Annual Percentage Rate

3. Which of these doesn't help build your credit history?
Correct answer: Saving into an ISA

4. Which of these forms shows the tax you’ve paid on your salary in the tax year?
Correct answer: P60

5. The average credit rating of 4 people is 800. If 3 of these people each have a credit score of 780, what is the credit score of the fourth person?
Correct answer: 860

6. Which one of these companies does not hold a credit file and score for you?
Correct answer: EquiScore

7. What is defined as a rise in the price of goods and services?
Correct answer: Inflation

8. Last year your boss gave you a 10% raise for good performance. This year the company did poorly, so everyone's wages were cut by 10%. Compared to a year ago, you now earn:
Correct answer: Less

9. What are bitcoins?
Correct answer: A digital currency in which encryption methods are used to regulate the generation of units of currency and verify fund transfers operating independently of a central bank

10.What percentage of your qualifying earnings does your employer have to pay in your pension fund?
Correct answer: 1%

11. How is your pension annuity taxed?
Correct answer: As income

12. In the event that you are unable to repay your debts, you are the only person with the authority to file for bankruptcy.
Correct answer: False

13. You order a tailor-made suit online and pay £299 with your credit card, but when it arrives it doesn't fit. You try to contact the tailor, but get no answer. Who do you contact to get your money back?
Correct answer: Your credit card issuer

14. Who is the regulator of the UK credit card industry?
Correct answer: The Financial Conduct Authority

15. What is the current estimated level of UK household debt?
Correct answer: £1.4 trillion

16. The house Tom wants to buy costs £500,000. He takes out a £400,000 mortgage at 5% APR that he will repay over 30 years. How much will he end up paying for his house, assuming no overpayment is made?
Correct answer: £866,157

Loz

The quiz is just for fun. You're entered into the draw whatever score you get.

cinders59

do you have to log in?

Edit found now just clicked on win the ipad

SHiiBBZ

I'm No 1. 34 seconds

dobbiesloan

cinders59 wrote: »

do you have to log in?

Edit found now just clicked on win the ipad

If you don't log in how will they know who you are?

robbies_gal

at the end theres a form to fill in well thats what happened to me-as far as i know its a random draw