Credit utilization - Study guides, Class notes & Summaries

Rental Obstacle + Solutions: Low Income - ANSWER -Some Renters reject people whose Rent would be more than 30% of GMI -Solutions -Apply for Housing Assistance -Expand housing search areas -Get a roommate -Move in w/family or friends Strategies for decreasing expenses and debt - ANSWER Prioritize "needs over "wants" -reduce or eliminate "wants" -cancel or downgrade services(e.g. cable, telephone) -limit miscellaneous spending - stick to a shopping list - pay off a loan or credi...

HUD Certification Questions and Answers (100%Correct). Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - Correct answer-Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this g...

HUD Certification Questions and Answers (100%Correct). Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - Correct answer-Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this ...

Multiple Choice 1. What of the following is not common within the definitions of assessment? a. Measure or using some type of measurement b. Comparing people c. Samples of behavior d. Objective or systematic measure ANSWER: b 2. When gathering information using assessments, counselors: a. only use standardized tests. b. administer tests in groups rather than on an individual basis. c. gather samples of behavior and infer meanings from those behavi...

CRC practice questions 100% Correct Answers State rehabilitation agencies were mandated to increase the utilization of rehabilitation engineering by persons with disabilities by the... - Correct Answer ️️ -rehabilitation Act Amendments of 1992 The rehabilitation act amendments of 1984... - Correct Answer ️️ -Required each state rehabilitation agency to have a client assistance program The rehabilitation act of 1973 mandated... - Correct Answer ️️ -Program evaluation for state-...

1 When receiving incomplete or unclear instructions for the L/C, the advising bank would be held responsible for: a. notifying the buyer first b. notifying the seller first c. notifying the issuing bank first d. notifying the confirming bank first C 2 Choose the correct statement: a. Utilization is the process of the seller shipping the goods, presenting documentation and getting paid. b. Utilization is the process of the seller shipping the goods, presenting documentation and op...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - ANSWER Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - ANSWER Find a second job A credit report may contain which information? - ANSWER The number of accounts in collection st...

HUD Practice Test Questions with Correct Answers Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Correct Answer ️️ -Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Correct Answer ️️ -Find a second job A credit repor...

Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - Answer Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer Find a second job A credit report may contain which information? - Answer The number of accounts in collect...

Hud Final Practice Test With Correct Answers 2024 Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? - CORRECT ANSWER-Pay Stub A client would like to purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - CORRECT ANSWER-Find a second job A credit report may cont...