Answer:
See Explanation
Explanation:
Given
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Your credit reports and scores will be taken into consideration by lenders when deciding whether you qualify for a loan and what interest rate to offer you.You can have problems getting a loan if your credit report contains mistakes.So, check your credit right away.
Should you check your credit score before applying for a mortgage?
- Although a credit score as low as 500 may be acceptable, there are still a number of other conditions to be met before you can receive an FHA loan guarantee.
- Mortgage insurance, a 10% down payment (or 3.5% if your credit score is above 580), and a monthly payment are all requirements for these loans.
- When you apply for a traditional loan, it is advised that your credit score be 620 or above.
- Lenders may not be able to approve your loan or may be forced to offer you a higher interest rate, which could mean higher monthly payments, if your credit score is below 620.
- A higher score may make you eligible for lower mortgage interest rates and fees because it gives a lender more assurance that you will make payments on time.
- If you have a great credit score, some lenders may also lower their down payment requirements.
- By comparing interest rates and costs from lenders who offer loans made for consumers with weak credit, you can obtain a loan despite having a low credit score.
- And even better, think about repairing your credit before you apply for a loan so you may get better conditions.
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Because they can make a lot of money if they create a popular application.
Answer:
B. Internet of things.
Explanation:
Internet of things (IOT) is an interconnection of everyday devices through the internet to allow the device send and receive data. It is used for remote connections in offices, homes and industries to achieve various activities like switching of the power status, regulating device operation etc, in the absence of a physical operator.
BYOD or bring your device to work is a situation where members of an organisation connect and use their personal devices in the company's private network.
