Session 5 Study Questions

Assignment 5: Credit and Loans (25.0 points) 1. If you are borrowing notes and salaried interest, would you prefer an interest rate that compounds annually, quarterly, or insouciant? why? (2-4 sentences. 1.0 points) 2. In your Section_5 folder, navigate to and open the Example_Credit_Report, and then say the questions below. a. What is the full(a) counterpoise of Jessie Robinsons real estate eyeshade? (0.5 points) b. What is the total balance of Jessie Robinsons revolving account? (0.5 points) c. Has Jessie Robinson ever applied for bankruptcy? (0.5 points) d. How many a(prenominal) identificationors afford do inquiries about Jessie Robinsons conviction? (0.5 points) e. Do you theorize Jessie Robinson usually pays bills on time and in full? (1-2 sentences. 1.0 points) f. Do you think Jessie Robinsons credit score would be great, normal, or sad? Why? (1-3 sentences. 1.0 points) 3. give away a real or made up besides realistic situation in which you would ta ke to manipulation sequence credit. (2-4 sentences. 1.0 points) 4. Describe a real or made up notwithstanding realistic situation in which you would want to hire noninstallment credit. (2-4 sentences. 1.0 points) 5. Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences. 1.0 points) 6.

If you had no credit history as yet but wanted to establish wiz, describe what you could do in assign to establish a credit history. (3-6 sentences. 2.0 points) 7. Describe cardinal things you good deal do to make sure you use credit responsibly. rationalize why these things are important. (2-4 sentences. ! 2.0 points) 8. If you were old enough to fit a credit card but unable to reap one because you didnt guard enough of a credit history, which of the pass everyplace options for establishing credit would you prefer to use? Why? (2-4 sentences. 1.0 points) 9. Imagine that you have a friend who is struggling financially and is trying to take aim a credit counseling service. Visit the FTC website here...If you want to impel a full essay, order it on our website: OrderCustomPaper.com

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