Who prepares credit reports? O your banker credit bureaus the judge who oversees your bankruptcy proceedings O your accountant

Q: Mortgage backed securities pass through all payments of interest and principal received on a pool of…

A: Mortgage-backed securities are generally the variations of assets-backed securities formed by…

Q: What is the best way to avoid credit card debt? O Buy everything on credit. O Buy only the things…

A: There are many measures that can be taken in order to reduce the credit card debt, Like checking the…

Q: Angelina is buying a home for $227,000. She has a $25,000 down payment and the bank has offered her…

A: Cost of home = 227,000 $ Down payment = 25000 $ Remaining amount = 227000 – 25000 = 202000 $ Time =…

Q: Why should you talk to your banker before beginning to look for a home? to get a building inspector…

A: Although looking for a home can be exciting and enjoyable, serious homebuyers should begin their…

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: describe something you can do to increase your savings for retirement.

A: Retirement: It is the point of time where someone stops working.

Q: credit

A: In, the late 19th century and early 20th century, companies built on the ideas of revolving credit…

Q: How important is CFO in a rural bank? What he can do that others cannot?

A: As a top executive, the chief financial officer is in charge of a company's financial operations.…

Q: A is an example of revolving credit.

A: Credit refers to a ‘contractual agreement’ in which a borrower gets something of value now &…

Q: Nicholas made a deposit of $5,000 in a savings account that earns 2% per year. What is the maximum…

A: here we calculate the given by following method as follow;

Q: oni the word bank below and FILL in the missing words. Sales Credit3 Debit Debtors ledges| Credit…

A: 2.1 - Debtor's Ledger keeps details about which debtor owes how much money to the business. 2.2 -…

Q: True or False: Revolving credit accounts never provide benefits to consumers. O True O False

A: Credit cards and charged cards are interchangeable terms. The bank is the one who issues them. It…

Q: Your friend Tim wants to open a checking account, but he's not sure how to do it. List the steps.

A: A checking account is a sort of bank account that enables you to deposit and receive money for…

Q: Advantage and Disadvantage of Building and Loan Associations from Private Nonbank Thrift…

A: The loans are amount of money which are borrowed by the various individuals or the firms. The loans…

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: rite a paragraph about the topic "Credit Cards". How do you feel about the use of credit cards ? Do…

A: Introduction: The situation of one's own financial affairs is referred to as one's financial health.…

Q: A new home that costs $490,000 has presented itself. You want to make a 20% down payment and finance…

A: In the mention question, we are expecting an interest rate which is 4.375% but we are given quoted…

Q: Credit creation power of the commercial banks gets limited by which of the following?

A: To find : Credit creation power of the commercial banks gets limited by which factor.

Q: 1. Identify a business organization nearby your location and write a brief note in 200 words about…

A: By identifying a business organisation nearby my location I found a Micro finance organisation.…

Q: 2. is/are repaid in monthly payments. O Bankruptcy Credit O Installment loans IOU's

A: An installment loan is normally a one-time loan that provides amount in a lump sum. Lender…

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: Directions: Looking at the chart below, calculate the monthly interest rate and monthly interest…

A: An Interest rate is generally represented in terms of the percentage, that can be compounded or…

Q: Can you explain the meaning of a 20% annual percentage rate (APR) quotedby the credit card company?

A: Annual percentage rate (APR) applies to the interest rate charged annually to borrowers and billed…

Q: college student borrowed $46,000 to pay for tuition, room, and board. Some of the money was borrowed…

A: * SOLUTION :-

Q: Describe Factors that influence the use of money vs credit cards.

A: Money: Money is a widely accepted instrument used as a measure of value, a medium of exchange, a…

Q: credit unions differ from savings institutions

A: More number of saving banks come together are called savings institutions. More number of loan…

Q: Buying a Home - Personal Notes Scenario: You are getting a loan to buy your first home. It is a…

A: The question is based on Money demand and supply market.Supply in money market is fixed and is…

Q: Which factor would credit card companies most likely use to determine an applicant's…

A: Credit card companies offer credit to their customers in exchange of a interest rate.

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 what is Principal Plus Interest?

A: Principal plus interest is that amount which is paid by the borrower to the lender after the agreed…

Q: Do commercial banks have different categories

A: - Commercial Banks(CBs) are the financial institutions that provide basic investment options as…

Q: Describe what consumers should know about credit monitoring services.

A: A credit monitoring service keeps track on borrower behavior in order to alert customers to…

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: 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: What are the different Credit System practices of Asia, Europe and United States?

A: A credit system is a means of describing an educational program by methodically awarding credits to…

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: Lenders use your credit score -- to see if you've earned your degree to criticize your financial…

A: A credit score is a report that states the person's previous and present loan details, repayment…

Q: What does paying rent help you do? buy a home build equity in your building buy a condo build your…

A: A credit rating is a measurement of a person or business entity's ability to repay a financial…

Q: An issuing bank is responsible for: O a. preparing a bill of lading b. making freight arrangements O…

A: In the banking sector, banks are now perform many more activities than accepting deposits and…

Q: Define what is meant by (pure) credit rationing. Save Answer

A: Rationing is a source of artificial control on the demand and supply of the goods and services.

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…