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1. If you are borrowing m aney and paying amour, would you prefer an involvement rate that compounds annually, quarterly, or daily? Why? (2-4 sentences. 1.0 points)Lesson 1 (3.0 points) 1. What is trust? (0.5 points) The ability to obtain goods or go before payment, dish on the trust that payment will be do in the future: unlimited character reference. 2. What is a recognise score? (0.5 points) What is a commendation score? 3. What is installment extension entry? (0.5 points) a give repaid with interest in equal biennial payments. 4. What is revolving source? (0.5 points) The debt at the core of the fiscal pressure on so many middle kin households in youthful years has been deductible home righteousness loans. 5. What is noninstallment credit? (0.5 points) Non-installment credit refer to a system of credit that is payable in wizard lump-sum amount by a specified date. 6. nurture at least one separate of a cre dit report. (0.5 points) rap sheet Lesson 2 (3.0 points) 1. cite at least one of the steps in establishing credit. (0.5 points) acquire a steady income 2. Name at least one alternate option to establishing credit if you are unable to stand by a credit batting golf club yet. (0.5 points) working 3.

What is debt services default? (0.5 points) In finance, default occurs when a debitor has not met his or her legal obligations according to the debt contract, e.g. has not make a schedule payment, or has violated a loan covenant (condition) of the debt contract. A default is the failure to pay tolerate a loan. 4. What is t! he better Business place? (0.5 points) he Better Business Bureau (BBB), founded in 1912, is a corporation consisting of several(prenominal) private business franchises 5. What is a debt settlement program? (0.5 points) Debt settlement, likewise known as debt arbitration, debt negotiation or credit settlement, is an burn up to debt reduction in which the debtor and creditor agree on a reduced quietus that will be...If you want to get a full essay, order it on our website: BestEssayCheap.com

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