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Korolek [52]
3 years ago
14

You are a loan officer at a bank. An application comes to you for $5000 loan. Explain why you would want to know the persons cre

dit history
Business
1 answer:
Tems11 [23]3 years ago
5 0

A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments.

A good credit score means that the person receiving the loan is reliable and will be more likely to pay off the loan in a reasonable amount of time.

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Countries that require substantial loans from the International Monetary Fund to survive will ________ due to IMF-mandated econo
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Such countries will <u>endure a sharp contraction of demand in the short term</u>

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Job cost sheets can be used to: (Check all that apply.) Multiple select question. provide a permanent record for the Cost of Goo
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Answer: • provide a permanent record for the cost of goods sold account

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