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FiCEP CCUFC VIP Certification Practice Exam III

FiCEP — The FiCEP (Financial Counseling Certification Program) leads to the CCUFC (Certified Credit Union Financial Counselor) designation, issued by America's Credit Unions (formerly CUNA). The program certifies credit union professionals in financial counseling competencies including budgeting, credit, debt management, and member-facing counseling skills.

53
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 53👑 VIP

A member comes to you for counseling. Her gross monthly income is $4,200. She has a proposed mortgage payment of $980 (PITI), a car loan payment of $310, a student loan payment of $180, and minimum credit card payments totaling $120. Which statement best describes her debt situation from a mortgage qualification standpoint?

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