Credit counseling - Study guides, Class notes & Summaries

FiCep Part 1 Questions and Answers Already Graded A What are the housing market conditions that can indicate a real estate "bubble"? Housing values are rising faster than consumer income What five sources influence most consumers' financial practices? Parents, Lenders, learned patterns, creditors, society/peers What is the best tactic for helping members who are in the "earn/spend/earn/spend" cycle? Each paycheck must be divided up for specific categories such as savings and debt What ar...

CPCE Exam Questions and Answers 2024 (A+ Graded 100%Verified Answers). When beginning a counseling relationship, you are ethically required to Inform the patient of the limits of confidentiality As you begin a counseling relationship, it is important to jointly decide, between patient and counselor, how the counseling process will proceed A client arrives for counseling with the presenting complaint of relationship difficulties. She goes on to describe that she has had multiple abortions, ...

W!se Financial Literacy Practice Test Questions and Answers 100% Accurate W!se Financial Literacy Practice Test Questions and Answers 100% AccurateW!se Financial Literacy Practice Test Questions and Answers 100% AccurateW!se Financial Literacy Practice Test Questions and Answers 100% AccurateW!se Financial Literacy Practice Test Questions and Answers 100% AccurateW!se Financial Literacy Practice Test Questions and Answers 100% Accurate Question 1 : If you are denied credit based on your cred...

2024/2025 FiCEP Exam - Questions with 100% Correct Answers Which cycle describes members who are just surviving and living paycheck to paycheck? a. Earn / spend / earn / spend b. Earn / spend / borrow / spend c. Earn / spend / save d. Earn / borrow / spend / save Financial counselors who don't use what they know about hemispheric thinking, may fall into the trap of: a. Assuming the member will succeed if they work with the counsellor b. Asking too many questions c. Telling the member what the...

In order to get spending under control, a person should first A. seek help on investing from a financial planner. B. consult a credit counseling service. C. create a budget of current income and expenses. D. subscribe to financial newsletters and magazines. - C Comparison shopping for a car is necessary because A. each dealer sells cars with different colors. B. lenders want to be sure consumers get the best price. C. the price for the car can vary a great deal. D. it is a requirement t...

CPCE Exam Questions and Answers 2024 (A+ Graded 100%Verified Answers). When beginning a counseling relationship, you are ethically required to Inform the patient of the limits of confidentiality As you begin a counseling relationship, it is important to jointly decide, between patient and counselor, how the counseling process will proceed A client arrives for counseling with the presenting complaint of relationship difficulties. She goes on to describe that she has had multiple abortions, ...

CPCE Exam Questions and Answers 2024 (A+ Graded 100%Verified Answers). When beginning a counseling relationship, you are ethically required to Inform the patient of the limits of confidentiality As you begin a counseling relationship, it is important to jointly decide, between patient and counselor, how the counseling process will proceed A client arrives for counseling with the presenting complaint of relationship difficulties. She goes on to describe that she has had multiple abortions, ...

CCUFC TEST CH 2 QUESTIONS & ANSWERS 2024/2025 Financial counseling can help members in other ways that financially such as: - ANSWERShelp restore relationship, pay off debts, attain financial security, and make it possible to achieve long term goals _______ will need financial counseling at some point - ANSWERSeveryone ________ shifts within a community may also impact the number of members who need financial counseling - ANSWERSeconomic Many credit unions offering counseling servi...

NACCC CFC Test Prep 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts Five stages of counseling Answer 1. Rapport and relationship building 2. Assess and define the problem/gather info 3. Goal setting 4. Strategy implementation 5. Follow-up 2. Objective measures of financial health Answer Positive debt/income ratio Adequate insurance Steady and adequate salary Adequate savings for emergencies Adequate savings for retirement Good credit...

FiCEP Exam Combined Questions With Revised Correct Answers | UPDATED | 1) Which of the following is the first step of the counseling process? a. Analyze data b. Develop a spending plan c. Collect member data d. Establish goals and objectives - ANSWER member data 2) It is best to divide a budget into which cycle? a. Daily b. Monthly c. Quarterly d. Annually - ANSWER b. Monthly c. Collect 3) Which of following provides a credit history incl...