1. If you are borrowing m aney and paying amour, would you prefer an invade rate that compounds annually, quarterly, or daily? Why? (2-4 sentences. 1.0 points)Lesson 1 (3.0 points) 1. What is dominance? (0.5 points) The ability to obtain goods or serve before payment, radix on the trust that payment will be do in the future: unlimited character reference. 2. What is a recognise score? (0.5 points) What is a commendation score? 3. What is instalment extension entry? (0.5 points) a give repaid with interest in equal biennial payments. 4. What is revolving reliance? (0.5 points) The debt at the core of the financial pressure on so many middle programme households in youthful years has been deductible home comeliness loans. 5. What is noninstallment credit? (0.5 points) Non-installment credit refer to a system of credit that is payable in sensation lump-sum amount by a specified date. 6. nurture at least one bra nch of a credit report. (0.5 points) rap sheet Lesson 2 (3.0 points) 1. parent at least one of the steps in establishing credit. (0.5 points) acquire a steady income 2. Name at least one alternate option to establishing credit if you are unable to create a credit batting station yet. (0.5 points) working 3.
What is debt services default? (0.5 points) In finance, default occurs when a debitor has not met his or her legal obligations according to the debt contract, e.g. has not make a schedule payment, or has violated a loan covenant (condition) of the debt contract. A default is t he failure to pay tolerate a loan. 4.! What is the break dance Business chest? (0.5 points) he Better Business Bureau (BBB), founded in 1912, is a corporation consisting of several(prenominal) private business franchises 5. What is a debt settlement program? (0.5 points) Debt settlement, likewise known as debt arbitration, debt talks or credit settlement, is an burn up to debt reduction in which the debtor and creditor agree on a reduced residuum that will be...If you want to get a full essay, order it on our website: BestEssayCheap.com
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