100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Wise Practice Test Credit Questions and Answers Already Passed R158,19   Add to cart
Quickly navigate to
Preview
  2.  
  3. Wise Practice
  4.  
  5. Wise Practice

Exam (elaborations)

Wise Practice Test Credit Questions and Answers Already Passed
 6 views  0 purchase
  • Course
  • Wise Practice
  • Institution
  • Wise Practice

Wise Practice Test Credit Questions and Answers Already Passed When an individual declares bankruptcy, how long will this information remain on their credit report? The record will stay on their credit report for a decade. If someone has multiple credit cards with substantial unpaid bala...

[Show more]

Preview 1 out of 4  pages

Document information

  • August 1, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • wise practice test credit questions and answers a

Written for

  • Wise Practice
  • Wise Practice

Seller

avatar-seller
BrilliantScores

Reviews received

Content preview

1 Wise Practice Test Credit Questions and Answers Already Passed When an individual declares bankruptcy, how long will this information remain on their credit report? ✔✔The record will stay on their credit report for a decade. If someone has multiple credit cards with substantial unpaid balances and struggles to meet their payments, what is the recommended course of action? ✔✔They should reach out to their credit card is suers to negotiate a new repayment plan. Which type of credit allows for ongoing borrowing and flexible repayment? ✔✔Credit cards issued by department stores are examples of revolving credit. What criteria must be met to qualify for a Federal Housing A dministration (FHA) loan? ✔✔Applicants generally need to meet specific income criteria. How would you describe a loan that is not backed by any collateral? ✔✔This is referred to as an unsecured loan, where no assets are pledged to secure the loan.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BrilliantScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R158,19. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66579 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R158,19
  • (0)
  Buy now