When creditors make a decision about approving an individual for a credit card, they consider an individual’s _____.?

Answers

Answer 1

Answer: When creditors make a decision about approving an individual for a credit card, they consider an individual's Debt to Income Ratio.

The creditors consider ratio to give your credit score and to determine whether that debtor has the capability to pay back their Debt.

Related Questions

Which of the following lists contains only services?A. economics class,hair cut,life insurance. B. chair,dry cleaning,police protection. C. hammer,ice cream cone,house. D. shirts,car wash,computer training.
Mass production requires all of the following excepta. division of labor b. interchangeable parts c. assembly line d. training in each part of production
The __________ method uses different rates for each production department to allocate factory overhead costs to products. multiple production department factory overhead rate single plant wide factory overhead rate activity-based costing None of these choices are correct.
What problem is a free trade agreement most likely to cause for an American business? A) Increased access to international markets. B) Reduced competition with foreign businesses. C) Tariff reductions on imported goods. D) Competition from foreign businesses in the domestic market.
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______.

The _________ is the most commonly used type of lineup in police departments. these types of lineup are advantageous in that they _________.

Answers

The NOT Photo parallel lineup is the most commonly used type of lineup in police departments. these types of lineup are advantageous in that they allow the witness to see the foils in person.

What tool in Word can you use to search your entire document for spelling and grammar errors?Grammar Fixer
Spelling Dictionary
Spelling Help
Spelling and Grammar Check

Answers

Answer:

Spelling and Grammar check.

Explanation:

Ernesto excels at mathematics and has a keen eye for analyzing information. He is also a skilled communicator and does an excellent job explaining things to other people. Ernesto enjoys using the computer to generate reports to summarize his findings. Which is most likely Ernesto’s job title? -Training Specialist

-Data Entry Clerk

-Marketing Manager

-Business Analyst

Answers

Answer:

The answer is: Business analyst

Explanation:

A business analyst is someone that helps companies find solutions to their organizational problems in a cost effective way. He tries to satisfy the requirements of business units or projects by communicating them to upper management or the board, and providing possible solutions.

answer -Business Analyst

If Sam invested $3,000, earning $300 over six months, his principal is _____. six months $300 $3,000 $3,300

Answers

The answer is B. $300

A fico score represents all of the following except: (1 point)the amount of money in your retirement account. income to debt ratio. creditworthiness. length of credit history.

Answers

Option (A) is correct. FICO score does not help in defining the determination for the retirement account.

Further Explanation:

FICO score:

FICO score states the credit rating of an individual. It is developed by Fair Isaac Corporation. Therefore, it gets its name from the name of the originating organization. Fair Isaac Corporation provides the consumer credit score ranging from 300 to 850. The score higher than 650 states that the individual has the goods credit history.

FICO score represents the following:

• It states the debt ratio of the individual by considering the credit history of the individual and analyzing the income and current loans.

• FICO score helps in determining the creditworthiness of a person by analyzing the credit score.

• It helps in determining the length of the credit history.

FICO score only specifies the credit-related parameters of the individual. It does not state the retirement-related facts.

Thus, option (A) is correct. FICO score does not help in defining the determination for the retirement account.

Learn More:

1. Learn more about the money owed to the credit card company

brainly.com/question/8750254

2. Learn more about the common credit card fee

brainly.com/question/1124275

3. Learn more about making on-time minimum payment of credit card

brainly.com/question/6453895

Answer Details:

Grade: Middle school

Chapter: Credit score

Subject: Business studies

Keywords: FICO, score, represents amount, money, retirement, account, income, debt ratio, creditworthiness, length, credit history.

Test Answers:

1. A the amount of money....

2. C 20% to 50%

3. B. 7 years

4. A. Collateral

5. A. Unsecured Debt

6. D. Depreciation

7. C. A late payment fee

8. A. Higher interest rate and a late....

9. C. $237.00

10. C. Martial status

Just took it 100% right

You are expected to do a presentation of your business plan to a group of potential investors. Explain how you would respond to questions in a non - aggressive and professional manner?

Answers

When presenting a business plan to a group of potential investors, you must expect questions to be thrown at you. You have to respond to those questions in a non-aggressive and professional manner. Here are some tips.

1. You have to listen and absorb each question.

2. Commend the person who asked the question by saying something like “Thanks. That’s a good question.”

3. Respond to the questions honestly and to the best of your ability. If you do not know the answer to the question, tell them that you will have to research more on it and will get back to them.

4. You have to also make sure that the potential investors understood your answer by clarifying, “Does that answer your question?”

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Galley, Inc. has a contract for operating the kitchen at the Palm Crest Hotel in Miami, Florida. Mealco has approached Palm Crest's director of operations and stated, "Look, sign with us. We'll take care of whatever damages you owe Galley." Suppose Mealco added the following phrase, "Galley is going under fast. They haven't paid rent in five months and their rent is $15,000 per month." Galley is current on its rent, and its rent is $5000 per month. Mealco's statements: a. are defamatory. b. constitute the tort of negligence. c. are covered under the shopkeeper's privilege. d. none of the above

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