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gtnhenbr [62]
3 years ago
15

Why are job security credit history, and debt-to-Income ratio so important to lenders when considering people for loans?

Mathematics
2 answers:
Sunny_sXe [5.5K]3 years ago
7 0

Answer:

Step-by-step explanation:

They are very important because they show how likely the person being loaned to is going to pay the money back.

MArishka [77]3 years ago
3 0

Explanation:

<em>Job security</em> is how likely an individual will keep his job, this factor will determine if the person has a constant and secure money income.<em> Credit history</em> is the individual's ability to repay debts and it demonstrates how responsible the person is. Finally, the<em> debt to income</em> is how lenders measure the individual's capacity to manage their payments.

<em>Therefore, all these factors are important because they all measure the individual's capacity to pay their debts.</em>

I hope you fidn this information sueful and interesting! Good luck!

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Use the figure to determine the value of X and y
bogdanovich [222]

Answer:

100,80

Step-by-step explanation:

The opposite angle theorem states that, : "When two lines cross four angles are created and the opposite angles are equal."

y°=80°

Now, check that , x° and y° are in one straight line. A straight line has angle of 180°. So x° and y° should sum up to 180°

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Effectus [21]

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2 years ago
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yanalaym [24]

Answer:

1) Consider that he makes $1189 every two weeks engaged with work

2) An estimate of the opportunity cost of going on the fishing trip is $1450 in two weeks

3). If he decides to buy the truck, he has to work for about 7 weeks before going on the fishing trip

Step-by-step explanation:

From the given data

Total revenue from lawn mowing per year = 35 × 4× 5×20 = $1400

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Hence in two weeks it will cost him $1450

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