Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
Answer:
The expected return on this investment is 10.500%
Explanation:
The expected return is the return anticipated by the investors based on the different circumstances and how the return can change under these circumstances. The expected return can be calculated by multiplying the probability of each circumstance by the return under that circumstance.
Expected return = pA * rA + pB * rB + ... + pN * rN
Where,
- p represents probability of each event
- r represents return under each event
Expected return = 0.3 * 0.25 + 0.1 * 0.15 + 0.3 * 0.1 + 0.3 * -0.05
Expected return = 0.105 or 10.500%
Answer:
truth of lending act
Explanation:
laid the foundation for consumer protection
The answer is <u>"E. credit inquiries".</u>
A credit inquiry is a demand by an establishment for credit report data from a credit detailing organization. Credit inquiries can be from a wide range of elements for different reasons. They are named either a hard request or a delicate request.
Credit inquiries are a critical part of the credit showcase. Hard inquiries are a key piece of the endorsing procedure for a wide range of credit. Soft inquiries help credit organizations to showcase their items and can likewise be utilized to encourage customers.
High risk because you are taken a big risk to buy it
