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
Nadya [2.5K]
2 years ago
10

This was Leonard's first credit purchase after he graduated from college. He would now like to purchase a used car. Why would Le

onard most likely qualify for a car loan?​
Social Studies
1 answer:
ANEK [815]2 years ago
5 0

Answer:Here, James took the right decision. I will clarify this with few points.

1st - If he purchases a car at high interest rate, he will still have all his debt on previous credit card standing as it is. He will have to pay car loan plus his older dues thus paying at double places.

2nd - It is likely that he can still default on loans as paying double money each month can create problems and James can again stop making payments.

3rd - If James starts paying his debts now, he can be free in a few years time and his credit score will again become good. Then he will get the regular rate of interest for his car as he will be debt free.

So, we can say, he made the right decision.

Explanation:

Hope this helped Baka

You might be interested in
The first national government for the united states was
Neporo4naja [7]
Articles of Confederation

MARK ME BRAINLIEST
6 0
3 years ago
Rules regarding congressional eligibility include quotas to create a legislative body representative of the people.A. TrueB. Fal
nadezda [96]

Answer: B (False)

Explanation:

6 0
3 years ago
1. Completing these questions instead of doing something else<br> Costs:<br> Benefits:
antoniya [11.8K]

Cost is value that has been spent by the company to produce something. benefits are something that produces good or helpful results that promotes well being.

Explanation:

Cost is a product from the buyer's point of view and is called as price. the separation of group of expenses is done by cost classification. The classification system is used to bring certain costs that are considered crucial than others.

The types of cost include fixed cost, variable cost, semi variable cost, and total cost.

The benefits are something that produces good or helpful results that promotes well being. The advantage discounted price and benefits of museum membership. The benefits remove the risk of taking drugs.The benefits from federal government helps the people with a low income, cover basic expenses like food, housing and healthcare.

7 0
2 years ago
True or false
Eduardwww [97]

Answer:

TRUE

Explanation:

Because the colonists had not control over what parliament did to them.

5 0
2 years ago
What kind of challengers did returning veterans face
lawyer [7]
Many veterans face challenges with post-traumatic stress disorder (PTSD).
7 0
3 years ago
Other questions:
  • What permitted transportation in the early years of the United States
    8·2 answers
  • The Monroe Doctrine’s influence still exist today? If so, in what ways
    6·1 answer
  • A rule of thumb that is based on a past experience is called _____.
    10·1 answer
  • What solo artist had the most number 1 hits on the US Billboard charts?
    11·1 answer
  • Anti-federaist believed that most of the goverments power should lie with
    12·1 answer
  • As inge recalled her dream, she was dancing with a tell, dark, and handsome gentleman when suddenly the music shifted to loud ro
    13·1 answer
  • Where is most of the mass of the solar system
    11·2 answers
  • The Iliad covers
    13·1 answer
  • HEEEELLLLPPP ASAP
    11·1 answer
  • The minimum difference that can be detected between two stimuli is known as the ________. absolute threshold gradual differentia
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!