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Ted issued credit cards to his employees so they could charge work products. Which advantage is Ted MOST LIKELY to accomplish by viewing the monthly credit card statement
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
Josh maintained minimum living expenses while working on his job for the past six years. Which "C" of credit is he MOST LIKELY to meet?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
Jenny has the option of borrowing $300 at a 3% interest rate. Which loan option would cost her the most money?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
A bank loaned Doug $4,500 for 24 months. Which type of credit did he accept?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
Which is an example of a service provided by a credit bureau?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
A Sears Department Store sales associate gave a customer a form to complete in order to apply for a credit card. Which factor examined by creditors did the customer receive?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
What is the interest amount for the following loan: $10,000 car loan for 5 years at 8% interest rate?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
what is the maturity date for a loan made on February 1 and due in 15 days?
Credit reports to other businesses
Consumer loan
$4,000
Capacity
Option 4: loan for 1 year
Keep track of spending
February 16
Credit application
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