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Goshia [24]
3 years ago
5

Old Doc White advised you to do your homework before applying for a consumer loan. Which of the following is his main piece of a

dvice on preparing to get a consumer​ loan?
A. Build a monthly budget that includes the loan​ payment, but​ there's no need to include any of the associated costs​ (insurance, maintenance,​ etc.) in your budget because they are too hard to estimate.
B. Take the shortest loan term​ (number of​ years) possible so that you are out of debt faster
C. Check your credit history at least​ 3-6 months before applying for the loan.
D. Apply for a loan at 3 separate banks to ensure that you will have enough money to make the purchase​ (The Babe Ruth​ Rule).
Business
1 answer:
Harman [31]3 years ago
7 0

Answer:

C) Check your credit history at least​ 3-6 months before applying for the loan.

Explanation:

Financial advisors will always tell us that we need to have at least 700 points in our credit score. That way when we apply for a loan we will get lower interest rates and longer terms.

If your are planning to buy a house or a car and you know you will need a big loan, you should review your credit score a few months before applying for the loan since there is a simple way you can increase your credit score. The simplest way to increase your credit score is to apply for several credit cards within a 3 to 4 month period. It doesn't matter if the credit card applications are accepted or not, your credit score will increase because number of inquiries on your credit history increased.

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Answer:

correct answer is Metamediary

Explanation:

solution  

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6 0
3 years ago
When firms purchase new capital we call this _____
tatuchka [14]

Answer:

Business fixed investment

Explanation:

The <u><em>purchase by firms of new capital goods</em></u> such as machinery, factories, and office buildings. (Remember that for the purposes of calculating GDP, long-lived capital goods are treated as final goods rather than as intermediate goods.) Firms buy capital goods to increase their capacity to produce.

6 0
3 years ago
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One of your employees mentions to you that there is an active grapevine in your organization. Which of the following assumptions
astraxan [27]

Answer:

c. develop a relationship with the person at the center of the grapevine so you can quickly spread and receive information throughout the organization

d. paying attention to what is said on the grapevine will give you a good serve of what employees are really thinking and feeling about the company.

Explanation:

  • Grape wine is a rumor and informal channel of communication that spread throughout the organization in all directions irrespective of the authorities and develops due to various reasons.
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7 0
3 years ago
A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and m
katrin [286]

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

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2 years ago
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