Question

pregunta 5 (3 puntos)
it is a bad idea to take out a 30 year mortgage on your home.
true
false

pregunta 6 (4 puntos)
cash advance and title pawn places are services that help lower income people establish credit.
true
false

Explanation:

• Pregunta 5: 30-year mortgages offer lower monthly payments, making homeownership accessible for many; they are a standard, viable financial tool, not inherently a bad idea.
• Pregunta 6: Cash advances and title pawns have extremely high fees/interest rates, often trap people in cycles of debt, and do not help build positive credit in a sustainable or beneficial way for low-income individuals.

Answer:

Pregunta 5: False
Pregunta 6: False