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? wherefore? (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) ease of Jessie Robinsons real estate scotch? (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 ascribe? (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. picture a real or made up tho realistic situation in which you would take to occas ion installation credit. (2-4 sentences. 1.0 points) 4. Describe a real or made up nevertheless realistic situation in which you would want to example 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 one and only(a), describe what you could do in launch to establish a credit history. (3-6 sentences. 2.0 points) 7. Describe cardinal things you eject do to make sure you use credit responsibly. condone why these th ings are important. (2-4 sentences. 2.0 poin! ts) 8. If you were old enough to fit a credit card but unable to reap one because you didnt contract enough of a credit history, which of the pass all over 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 tie a credit counseling service. Visit the FTC website here...If you want to thrust a full essay, order it on our website: OrderCustomPaper.com

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