Advanced Financial Education Test Results

57%

Average Score of 57.06% to Date

38%

Percentage of Passing Scores to Date

-4%

Δ: All Results to 2016 to Date: -4.20%

0
Participants to Date

Statistics by Answer

Question 1.

Loan payments are based on:

Question 2.

If the current inflation rate is at 3%…

Question 3.

If you are unable to pay off the entire balance you owe in credit card debt, the best way to pay off the balance is to _____.

Question 4.

If inflation is at 2%, in what option below are you most likely to lose 2% purchasing power?

Question 5.

What is risk-based pricing?

Question 6.

Which of the following categories influence your FICO score?

Question 7.

What four main areas do lenders review to qualify a loan applicant?

Question 8.

The biggest risk of owning long-term bonds for capital preservation is:

“With the rapid decline of defined benefit pension plans, reduction of social security benefits, and more complex investment options it is vital that people possess the financial knowledge they need to make qualified investment decisions. There is a multitrillion-dollar retirement funding gap in the US today, and this test demonstrates that the average person lacks sufficient knowledge to properly plan for their golden years. ”

– Vince Shorb, CEO
National Financial Educators Council

Advanced Financial Education Test Results
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