Q: how banking contributes to global warming and poor sustainability.
A: With increasing risk of after effects of global warming it is advised for banks to consider their…
Q: An account issued by banks yielding a market rate of interest with a minimum balance requirement and…
A: A certificate of deposit is a time deposit, a financial product commonly sold by banks. CDs differ…
Q: Two weeks later your mom loses her credit card at the grocery store. What can an identity thief do…
A: Credit card is the plastic money through which you can buy things at the moment and pay later.
Q: Other than lenders, who else might use your credit score and why?
A: Credit decisions are made by lenders. Credit reporting agencies sell credit reports on their…
Q: How fast Can someone get a bank loan?
A: A bank takes into account several things when considering whether or not to extend a loan to…
Q: How much of account verification costs will be assigned to Department A?
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: credit
A: In, the late 19th century and early 20th century, companies built on the ideas of revolving credit…
Q: It is not smart to make small purchases on a credit card because they can pile up and end up costing…
A: When talking about credit card, it is the facility provided by financial institutions to the people…
Q: Why do credit scores reported by each credit bureau vary by as much as 50 points? They all use…
A: Credit Scores represent the financial stability of a person. They are essential for the finnacial…
Q: PAYMENT HISTORY,CAPACITY,LENGTH OF CREDIT,NEW CREDIT and MIX OF CREDIT how do the above factors…
A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most…
Q: Transactions on a debit card can't affect your credit history. O True O False
A: Answer :- True Transactions on a debit card can't affect your credit history. The…
Q: When selecting a financial institution, you should consider: (select all that apply) convenience,…
A: Financial Institution is an institution such as central banks, commercial Banks, credit unions etc.…
Q: If you make a late payment on a 0% interest credit card, you're responsible for paying the entire…
A: The statement is false If we make late payment on a 0% interest card , then the bank may charge…
Q: Explain why someone might want to put a “red flag” on their own credit report.
A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…
Q: Does IRS have my direct deposit info?
A: IRS stands for Internal Revenue Service which represents the federal government's revenue services,…
Q: Factors that influence the use of money vs credit cards.
A: Money: Money is an widely accepted instrument used as measure of value, a medium of exchange, a…
Q: What are differences between digital cash and cryptocurrency?
A: Digital Cash and Cryptocurrency is intangible money which cannot be seen in the form of currency in…
Q: What happened to credit standards(down payment, mortgage loan relative to value, and…
A: From the year 1995 to 2005, there were many changes in the real estate market. This led to a change…
Q: why is it critical for consumers to truly understand the effect of interest on their credit cards?
A: A credit card is a payment card that enables the owner to borrow funds to pay for purchases. Since…
Q: Identify the different Credit System practices of Asia.
A: Asia is the biggest credit system users. Amongst it the highest is in China followed by Japan and…
Q: Debit cards are considered as __________ money
A: According to time, place and different circumstances money has evolved itself through many different…
Q: How Do You Manage Your Credit Card Debt?
A: Credit cards have become a everyday part of our lives and is convenient to use. It is often, that we…
Q: 'Credit' means Increase in an account Decrease in an account Right side of an account Left side of…
A: Accounting is basically a system that is used to record, summarize, and organize financial or…
Q: Benefits of government regulating banks.
A: Bank regulation is basically a kind of govt regulation that, among other things, sets certain rules,…
Q: credit unions differ from savings institutions
A: More number of saving banks come together are called savings institutions. More number of loan…
Q: You can improve or damage your credit history with a credit card. O True O False
A: The economics as a study is based upon the idea that the resources which are present with each…
Q: Explain in no more than 5 sentences. Why is there is a need to follow certain financial precautions…
A: Answer - Need to find- Why is there is a need to follow certain financial precautions when writing…
Q: Which type of inquiry damages your credit each time one is made? a soft credit inquiry a hard health…
A: Answer: Correct option: C (a hard credit inquiry) Explanation: If a person applied for new credit…
Q: Disinvestment" is a part of revenue receipts True/False
A: # Disinvestment can be refferd to be as the removal or reduction taking place in any kind of…
Q: What happens if you don't manage debt properly? You sleep very well at night. You have a perfect…
A: Debt is something, usually money, borrowed by one party from another.
Q: To deposit and withdraw funds from linked bank accounts, which system call will be used? Withdraw…
A: A linked account is one that is linked to another at the same financial institution so that money…
Q: Credit insurance ; pls draw and explain how does that work ?
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Who prepares credit reports? O your banker credit bureaus the judge who oversees your bankruptcy…
A: A Credit Report is a summary of all the credit activities undertaken by you till date.
Q: Most credit cards operate on revolving credit. True or false? Explain how?
A: Revolving credit refers to an arrangement between the customer and the financial institution in…
Q: Question 15 Many credit card companies will let you determine your interest rate and your credit…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: What appears in the Tradelines section of your credit report? each credit account you've ever opened…
A: A credit report account is referred to as a "tradeline" in the credit industry. Tradelines on a…
Q: What does credit tell you about the consumer culture in the 1920s
A: Credit culture was not that developed during 1920's. It was basically used as a simple transaction…
Q: What are the three different ways to compute interest charges?
A: There are three different interest calculation methods. They are Fixed Flat Declining Balance…
Q: bank
A: Bank Deposit creation is limited by reserve requirement. Explanation Money refers to anything…
Q: Your merchant fee is 2%. Your customers paid you $120,000 through credit cards. What fee must you…
A: The fee that needs to be paid to the credit card company can be calculated by calculating the…
Describe what consumers should know about credit monitoring services.
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