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Beth signed a loan agreement and then learned that the lender was a non-preferred lender. She wants to end the agreement. What should she do?
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Jose is nineteen and is trying to establish credit. What should he do?
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Credit applications usually request income information as evidence of a borrower's:
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Creditors typically check a borrower's credit report as evidence of a borrower's:
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
An ADVANTAGE of using credit is the:
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Which is a sign of debt problems?
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Matthew was deeply in debt and decided to file Chapter 7 bankruptcy. What can be concluded about Matthew?
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
Which is a strategy for getting out of debt?
use of goods and services while making payments
Margie made a list of all her living expenses and amounts to repay debts each month.
capacity.
Check to see if she has the right to rescission of this agreement within three days
character.
Get a secured credit card from a financial institution
Mr. Jenkins is short-tempered because he's concerned about how he will pay the bills.
He had to sell some of his personal belongings.
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