Operation: Think Before You BorrowCars, homes, education, and other major purchases can involve serious financial commitments. Your mission is to look beyond the monthly payment and uncover what borrowing really costs. 
Mission Objective:Understand loans, interest rates, repayment terms, down payments, and how to evaluate major financial decisions before signing.

🚗🏠 Mission: Big Purchases & Loans

Watch at least 95% of the workshop video to unlock the quiz. You must score 70% or higher to continue.

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📘 Lesson: Big Purchases & Loans

Loans fund big buys but add interest. Compare APR & total cost, keep terms reasonable, and borrow less than max approval to keep your budget safe.

Quiz Locked — Watch at least 95% of the video to continue.

🎯 Quiz

1) A loan is…

2) Very long car loans…

3) Why can a used car be smart?

4) Student loans should always cover living expenses…

5) Alternative to student loans…

6) Common mortgage terms…

7) Lower mortgage rate matters because…

8) Homeownership extra costs…

9) Fixed vs variable interest…

10) Don’t borrow full approved amount because…