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Unit 11: The Bottom Line on Borrowing Module 121: Factors That Affect Your Credit Rating Multiple Choice Test

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Unit 11: The Bottom Line on Borrowing Module 121: Factors That Affect Your Credit Rating

Unit 11: The Bottom Line on Borrowing Module 121: Factors That Affect Your Credit Rating

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many different people will use your credit history , they include

security given for loan, assets to secure the debt

your ability to repay the debt. Do you have sufficient $money to repay a loan  

good reputation, Integrity Do you pay your bills on time?refers to a borrower's reputation and history of paying obligations. Does the lender see you as a trustworthy person

The true cost of credit that must be disclosed on a loan agreement  

The Five C's of Credit are factors that determine your creditworthiness

The amount of an individual's take-home pay after taxes have been taken out

which of the following is a sign that a person is having financial problems

A personal monthly budget contains both fixed and variable expenses. Which is considered a variable expense

When making a purchase using an installment plan, the consumers agrees to repay the loan

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