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Amiraneli [1.4K]
4 years ago
15

What best explains the relationship between a borrower’s credit score and a down payment requirement?

Business
2 answers:
grin007 [14]4 years ago
7 0

Answer:

B.Someone with a high credit score may be required to make a lower down payment.

Explanation:

A down payment is an initial payment that is made when you are buying things like real state or a car and the rest of the payment is made with a loan. So, when people ask for a loan to the bank, the amount approved and the initial payment are affected by the credit score the person has. If the person has a high credit score, he/she can get a higher loan which will require a lower down payment but if the person has a low score, then that person will get a lower amount and will require a higher down payment so the bank will be willing to lend the money. According to this, the sentence that best explains the relationship between a borrower’s credit score and a down payment requirement is someone with a high credit score may be required to make a lower down payment.

Likurg_2 [28]4 years ago
5 0
The one that best explains the relationships between borrower's credit score and a down payment requirement is : 
B. Someone with a high credit score may be required to make a lower down payment
Someone with high credit score usually correlated with Economic stability

hope this helps
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<h3>What is stimulus response sales?</h3>

A sales technique of Stimulus Response is an approach that emphasizes on saying the right thing at the right time to convince the buyer along a question-answer sequence in the negotiation of sales.

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Which of the following is most consistent with a relationship marketing strategy?
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Option C  

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A company is a victim of a $414 million fraud. At that time its profit margin is 10%. How much additional revenue should the com
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The correct answer is $4.14 millions

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