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Finance Wellness Quiz

Question 1/
Paying more than the minimum due on your credit card helps reduce interest burden.
Your credit score can increase even if your income stays the same.
If a loan app asks for access to your contacts to verify your identity, it’s safe to allow it.
A loan with a lower interest rate can still be more expensive than a loan with a higher interest rate.
If a friend or family member defaults on a loan you co-signed, your credit score stays unaffected.
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