Before giving a loan to a customer, a lender examines the customer’s credit report. Which explains why the lender examines the customer’s credit report?
Which helps to establish a negative credit history?
Yoko is buying a car from a local car dealership. She wants to get the lowest interest rate possible. Which will most likely help her get the lowest interest rate?
Before applying for a credit card, Jacob examines his credit report. Which explains why Jacob might examine his credit report?
Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history improves. Which explains whether Fido is making a sensible decision?
Simon used a credit card to buy a skateboard. Which statement is true about his method of payment?
Sal and Jen went to the store together, and each bought the same car stereo.Sal used a card to make the purchase, and the full amount was immediately withdrawn from his bank account.Jen used a card to make the purchase, and she received a bill within 15 days of the purchase. She paid $21.30 for the next 18 months until the bill was paid in full. The full payment included $58.60 in interest.Which statement describes Sal’s purchase?
Quincy wanted his credit report. Which list could Quincy have obtained?
Which information is found on a credit report?
Lois bought clothing at a store. She did not have enough in her bank account to pay for the purchase. After receiving the bill and paying off the balance, she realized that she paid $9.69 in interest. Which statement is true about her method of payment?
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