Based on the current debt hanging on Lily's account, her credit score will be greatly reduced, and she collects more debts, hence this makes it difficult to pay off her debt.
<h3>What is meant by the term Credit score?</h3>
The term credit score can be defined as a factor usually within the range of
300 to 850 that is used to tell or pass an idea of how a person is creditworthy, in other words, how faithful a person is when they are servicing their loan term.
It should be noted that a poor credit score will limit the size of loan that a person will be able to get and the reverse is the case for a good credit score.
Learn more about credit scores here:
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What Is a Credit Score? A credit score is a number from 300 to 850 that depicts a consumer's creditworthiness. The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, repayment history, and other factors.
Answer:
a. First
Explanation:
The first amendment guarantees freedom of speech, freedom of religion and freedom of the press, provisions also found in state constitutions. The first amendment was written as part of the Bill of Rights and completely prevents US citizens from being prohibited from exercising whatever religion they want, expressing themselves in any way they wish, and prevents the press from being censored.
Answer: By donating the assets in-kind to the CRT, you'll preserve the full fair market value of the assets rather than reduce it by large capital gains taxes, allowing more money for the income and charitable beneficiaries.
Explanation:
A domestic LLC or corporation is a business that is formed within its home (domestic) state. Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one in which it was originally formed. (It is not to be confused with being a business in a foreign country.
