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
Umnica [9.8K]
3 years ago
6

What will most likely cause a lender to deny credit?

Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

You might be interested in
If you buy the bond for $1,000 (ytm = 6%), then the yield increases to 7%, and you sell the bond immediately after the first cou
shusha [124]

If you buy the bond for $1,000 (YTM = 6%), then the yield increases to 7%, and you sell the bond immediately after the first coupon payment (in 1 year), hpr after 1-year

bond price = 60/1.07 +1000/1.07

=990.65

HPR = ((990.65-1000)+60)/1000

=5.06%

A credit score card price coupon is a paper slip with charge information, consisting of the due date and the card's assertion balance, that is supposed to be sent along side a check whilst paying a credit card invoice through mail.

The term "coupon" is derived from the historic use of actual coupons for periodic hobby payment collections. as soon as set on the issuance date, a bond's coupon charge remains unchanged and holders of the bond acquire fixed interest bills at a predetermined time or frequency.

The coupon rate, additionally called the nominal charge, nominal yield, or coupon fee is a percent that describes how plenty is paid by means of a set-income safety to the proprietor of that protection for the duration of the period of that bond.

Learn more about coupon rates here:

brainly.com/question/26376004

#SPJ4

7 0
1 year ago
define Goodwill......... should it be considered as an asset and State the reason why it is controversial in a business today​
Lana71 [14]

Answer:established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold.

Explanation:if Company A buys Company B for more than the fair value of Company B's assets and debts, the amount left over is listed on Company A's balance sheet as goodwill.

8 0
3 years ago
An ______ is a period of low economic activity and rising unemployment.
soldier1979 [14.2K]
Recession or downturn
6 0
3 years ago
Read 2 more answers
A car dealer advertises a rock-bottom price for a sports utility vehicle that usually goes for $1,000 or more. When you get to t
maria [59]

Answer:

b. bait pricing

Explanation:

Bait pricing strategy is one that is aimed at attracting customers by presenting a price that is lower than the actual value of a product. Usually the product is limited in quantity and when buyers come in they are convinced to buy something else.

This is considered an illegal means of marketing.

I'm the given instance when the customer got to the dealership the salesperson can't find that particular car on the lot, saying maybe it was sold this morning before he got in. The salesperson offers a higher-priced car.

This is bait pricing strategy.

3 0
3 years ago
Creditors are interested in the times interest earned ratio because they want to
Pavlova-9 [17]
Creditors are interested in the times interest earned ratio because they want to "<span>have adequate protection against a potential drop in earnings jeopardizing their interest payments".
</span>

The times interest earned ratio is also known as interest coverage ratio, which measures the capacity of an association to pay its obligation commitments. The proportion is generally utilized by banks to discover whether an debt borrower can bear to assume any extra obligation. It might be figured as either EBIT or EBITDA divided by the aggregate interest which is payable.
7 0
3 years ago
Other questions:
  • Fed could change its inflation target temporarily to offset the effect of an aggregate demand shock (a-bar). In this problem, yo
    10·1 answer
  • The aircraft industry has long been dominated by two large aircraft manufacturers, Boeing and Airbus. The demand for major aircr
    9·1 answer
  • ProCart manufactures shopping carts which it sells directly to supermarkets at a unit price of $36. Salesmen complain that they
    11·1 answer
  • Explain how accrual accounting differs from cash-basis accounting; apply the revenue and expense recognition principles) During
    5·1 answer
  • Coronado Industries began the year 2022 with retained earnings of $661000. During the year, the company sold additional shares o
    14·1 answer
  • The nurse is assessing a patient's functional ability. which activities most closely match the definition of functional ability?
    6·1 answer
  • Franco, an employee at fundz corp., arrives late at the office on a monday morning due to a personal emergency. his manager fire
    6·2 answers
  • Separation of duties is important for internal control of
    6·1 answer
  • Assets for Smith Company are $30,000. Liabilities are $20,000. What is the Equity for Smith Company?
    7·1 answer
  • Amazon and Expedia are best described as ________ that sell products and services directly to final buyers via the Internet. Gro
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!