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3 years ago

Why do lenders request to look at your credit report before you can borrow money?

Business

2 answers:

densk [106]3 years ago

6 0

Answer:

The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.

Explanation:

Credit reports are documents displaying the credit history of individuals. They allow lenders to know what the credit behavior of an individual is, thus, have an idea if that person could repay the amount of a loan or is likely to fall into debt. The three major credit bureaus in the U.S. are Equifax, Experian, and TransUnion.

lisov135 [29]3 years ago

4 0

Answer:

Explanation:

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The demand for money is higher in japan than in the united states because they do not accept credit cards

Goryan [66]

This statement is false. The demand for money is higher in Japan than in the United States because the average price level is lower in Japan.

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3 years ago

A large firm in the newspaper industry employs 250 people, of which 36 are upper-level managers. As a result of this employee-to

bezimeni [28]

Answer:

The firms in this industries have dis-economies of scale.

Explanation:

When firms have dis-economies of scale, they experience higher average cost (this means lower productivity) with a rise in the output.

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3 years ago

alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m

SSSSS [86.1K]

This person should budget 52 dollars.

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3 years ago

Dear Mr. Trujillo: Subject: To all employees We’ve instituted a new process for requesting vacation time. Here’s how it will wor

ankoles [38]

Answer:

The answer is False.

Explanation:

The qualities of effective communication are:

Completeness. Effective communications are complete, i.e. the receiver gets all the information he needs to process the message and take action. If the information is complete there is no need to see HR for any questions.
Conciseness: The communication was fairly concise. Conciseness is about keeping your message to a point.
Consideration: Effective communication takes into account the receiver’s background and points of view. There was no compliments at the beginning of the message. Second, the message assumed on point 2 that people will know what to do with the Tab for Requests.
Concreteness: Concreteness mitigates the risk of misunderstanding, fosters trust and encourages constructive criticism.
Courtesy: The tone of the email lacked courtesy.
Clearness: Clear communications build on exact terminology and concrete words, to reduce ambiguities and confusion in the communication process.
Correctness: Correct grammar and syntax vouch for increased effectiveness and credibility of your message. Formal errors might affect the clarity of your message, trigger ambiguity and raise doubts. The email opens up with an address to Dear Mr. Trujillo when it is supposed to go to all staff.

Cheers!

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3 years ago

The portfolio with the lowest standard deviation for any risk premium is called the_______. A.efficient frontier portfolio B.CAL

Kryger [21]

Answer:

The right approach is Option C (global minimum variance portfolio).

Explanation:

A completely-invested portfolio with either a low uncertainty factor seems to be the GMV portfolio. This same GMV portfolio corresponds to or is situated mostly on the left end including its FI-efficient frontier.
Although aside from either the full-investment requirement, no restrictions are enforced, the GMV portfolio deals for analytical portrayal.

The latter options offered are not relevant to something like the scenario presented. So that is indeed the correct solution.

7 0

2 years ago