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Jose is nineteen and is trying to establish credit. What should he do?
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Matthew was deeply in debt and decided to file Chapter 7 bankruptcy. What can be concluded about Matthew?
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
A DISADVANTAGE of using credit is:
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Credit applications usually request income information as evidence of a borrower's:
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Which is a sign of debt problems?
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Which is a strategy for getting out of debt?
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Creditors typically check a borrower's credit report as evidence of a borrower's:
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Which is MOST suitable use of revolving credit?
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.
capacity.
Margie made a list of all her living expenses and amounts to repay debts each month.
Shopping for clothes in a retail department store
the payment of interest on the amount borrowed.
character.
Get a secured credit card from a financial institution
Check it!