T&S Asset Management

Course quiz

9 questions on the published lessons of “Affordability: what a borrower can repay”. Pass with 80% or more. Questions on lesson 1 are free to try.

01 In the UK consumer credit rules described in the lesson, what is the second risk a creditworthiness assessment covers, besides the lender's credit risk?
02 In the lesson's worked example, a borrower has a monthly income of 20,000, essential spending of 12,000, existing repayments of 3,000 and applies for an instalment of 4,000. How much is left each month?
03 According to the Financial Stability Board principles cited in the lesson, what should the loan-to-value ratio not be used for?
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Certificates of completion are issued to members who have read every published lesson and passed the quiz. My page