1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ratelena [41]
3 years ago
13

A person has a poor credit score due mainly to the amount of debt on credit card and instalment loans. How could the person impr

ove his score.​
Business
1 answer:
KIM [24]3 years ago
5 0

Answer: The answer is provided below

Explanation:

The credit score is a number used by lenders to help them decide the likelihood of an individual to repay on time if the person is granted a credit card or a loan. The higher the scores, the likelihood that the person qualifies for credit cards and loans.

A person that has a poor credit score due to the amount of debt on credit card and instalment loans can improve his or her score by paying off the debt. When an individual pays of his or her debt, the person will have an improved credit score which can be used to apply for further loans.

Furthermore, such individual can also keep his or her balances low on the credit cards. A credit card with high debts doesn't represent the individual well when applying for a loan which will lead to a negative credit score.

You might be interested in
The primary goal of social business is to deepen interactions with employees and customers. True False
ivanzaharov [21]

Answer:

True

Explanation:

  • As in order to spread the interaction and to diversify the market, the primary goals s to deepen the social interaction among the members of the thereby interaction with the employees and the customers and hence this will lead to the increase in the profits.
6 0
3 years ago
Dana writes a check to Becky on Dana’s account at Community Bank. The bank dishonors the check even though Dana has sufficient f
iren [92.7K]

Answer:

Dana

Explanation:

According to my research on different bank responsibilities, I can say that based on the information provided within the question the bank is completely liable to Dana. This is because the bank has a responsibility to Dana since she is the one who signed to open the account, which in term is her. They must now let her know why they dishonored the check and provide a solution.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions r
ch4aika [34]

Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. this is an example of a(n) "cross-sectional study".

<h3>What is cross-sectional study?</h3>

A cross-sectional study examines data from a group of people at one point in time. Participants throughout this type of research are chosen based on certain variables of interest.

Some key features of cross-sectional study are-

  • Cross-sectional studies are common in psychology, but they are also employed in many other fields, such as social science and innovation.
  • Cross-sectional studies is observational in nature but are classified as descriptive research rather than causal or relational research, which means they cannot be used to pinpoint the source about something, such as a sickness.
  • Researchers collect information from a population, yet they do not change variables.
  • This strategy is frequently used to draw conclusions about potential links or to collect early data to enable additional research and experimentation.

To know more about the cross-sectional study, here

brainly.com/question/14557972

#SPJ4

6 0
2 years ago
Prestigious economics professor, Tom Ruland, recently urged government policy makers to cut taxes and increase government spendi
xxTIMURxx [149]

Answer:

The correct answer is True.

Explanation:

These are the measures implemented by the Government aimed at channeling the economy towards certain goals. The fundamental tools available to the Government for this are the management of the volume and destination of public spending. Fiscal policy also includes ways to finance government expenses. For example, if the economy is entering a recessive phase, the Government can reduce taxes and increase spending, in order to expand aggregate demand and overcome the recession. If there is a very high level of unemployment, you can try to create new jobs and grant temporary benefits to the unemployed; If there is a high inflation rate, it will try to reduce spending to counteract possible demand pressures and moderate price rises.

The objectives of the policy are: moderate economic cycles, seek to raise the level of national income, redistribute income, provide public goods, increase employment, etc. However, in certain situations, achieving a fiscal policy objective will ultimately be conditioned by the general objectives of the economic policy pursued by the Government at a given time.

7 0
2 years ago
What type of pricing involves summing the total unit cost of providing a product or service and adding a specific amount to the
Leviafan [203]

Answer:

a COST-BASED PRICING METHOD

Explanation:

COST-BASED pricing method is the type of pricing which involves summing the total unit cost of providing the product or services and adding a specific amount to the cost to arrive at the price. These costs includes all production cost in making the product available to the market and selling expenses incurred then add the desired amount of profit that the company wants to attain to come up the unit selling price of the product.

7 0
3 years ago
Other questions:
  • When both parties to a contract are mistaken as to the same material fact either paarty can rescind the contract?
    12·1 answer
  • Which statement best describes the qualifications for information technology professions
    5·1 answer
  • "If a speaker were giving an informative speech to a group with a kinesthetic learning style, he would do well to include a numb
    15·1 answer
  • You are purchasing an equipment for $ 200,000 for your new store. Assume the store has no other expenses or revenues other than
    8·1 answer
  • Where can you find an image database of free and simple graphics in many
    9·1 answer
  • Changes in the prices of key commodities have a significant impact on a company's bottom line. For virtually all companies, the
    12·1 answer
  • "Have you considered paying workers for what they produce? I found that when i paid employees by the pice, their productivity we
    6·1 answer
  • Alex is an avid ornithologist and bird-watcher. He received a tweet from a colleague that the "pink-tufted warbler," a rare and
    12·2 answers
  • Qualcomm has developed a groundbreaking new CPU chip. The patent on the chip will last 17 years. You expect that the chip’s prof
    14·1 answer
  • Discuss which financial management practices are least effective in creating and monitoring an operating budget?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!