What will most likely cause a lender to approve credit?
O A historic credit score of 500
O Most payments paid on time
O A large amount of debt owed
O A long credit history with high balances

Answers

Answer 1

Answer:

Most payments paid on time.

Explanation:

The more you pay off the higher your credit score get the more you can buy.

Answer 2

Most payments paid on time, most likely cause a lender to approve credit. Thus, option (b) is correct.

A lender is less likely to approve loans if you have a 500 credit score historically and a lot of debt. Lenders take into account variables including credit score, payment history, debt-to-income ratio, and length of credit history when determining a borrower's creditworthiness.

Hard credit inquiries that are often needed for mortgage pre-approval can lower a buyer's credit score by five points or fewer. It is advised that throughout the underwriting process, borrowers refrain from opening any new credit lines or taking out any loans, since this could have an impact on the result.  

As a result, the significance of the payments paid on time, most likely cause a lender to approve credit are the aforementioned. Therefore, option (b) is correct.

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Related Questions

When it comes to credit scores, why is having a thin file not an asset?.

Answers

The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.

What is a credit scores?

A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.

Normally, the higher the credit score, the higher the rate of repayment of credit.

Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.

However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.

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Knowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would require you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.

In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.

Answers

Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.

Explanation:

Ronald runs a small furniture making business. He wants to advertise his business. However, he cannot afford to spend a lot of money on
advertising. He wants to provide customers with details of his business, such as the name, products, store locations, and contact addresses.
Which of these advertising vehicles is best suited for Ronald?
OA.
television
ОВ.
radio
O C. newspapers
OD. magazines

Answers

Answer:

Newspapers

Explanation:

Plato

Answer:

A

Explanation:

got correct

Which loan service is better a private loan or a federal loan?
A. Private
B. Federal

Answers

Federal? I think federal just seems better

44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report on their current status. Both before and after his own presentation, he sits forward in his chair and makes eye contact with all the other managers as they present. He asks questions and nods his head after their responses. He is exhibiting the ________ style of listening

Answers

When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.

What is active listening?

Active listening is a type of listening where the listener give rapt attention to the person speaking including the guestures.

The individual also ask questions to confirm all that his learning.

Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening

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Selena, an IT manager, needs to communicate to all of the company's long-term customers that their consulting rates will be increasing in the new year. Which guideline should Selena follow while communicating this bad news?

Answers

The guideline that Selena, an IT manager should use when communicating bad news to her customers is to use specific and simple language that conveys her message effectively.

How to communicate bad news?

The use of indirect communication can help to soften the central message, because in this approach the message begins with the explanation of the reasons that led to the news, generating a greater sense of understanding in the receiver.

Therefore, it is essential that there is clear and honest communication, introducing possible solutions so that the bad news is received in a less impactful way.

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X circle company purchased a computer system black box, inc. With a list price of $100,000 plus 5% sales tax. The cost to deliver and install the computer was $10,000. The debit to equipment equals.

Answers

The debit to the equipment account should equal $115,000 for X Circle Company, which recently purchased a computer system black box.

What is the recognized cost of the equipment?

The costs that should be recognized for the purchase of new equipment (or asset) include all the costs that will bring the asset into use.

These costs include the purchase cost, delivery, and installation costs.

Data and Calculations:

Computer system black box = $100,000

5% sales tax = $5,000 ($100,000 x 5%)

Delivery and Installation costs = $10,000

Total cost of computer = $115,000 ($100,000 + $5,000 + $10,000)

Thus, the debit to the equipment account should equal $115,000.

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Measuring performance relative to planned objectives and standards is part of:.

Answers

Measuring performance relative to planned objectives and standards is part of controlling.

What is controlling?

Controlling helps to manage, supervise or oversee a given task or assignment.

It helps to measure how far or well a given task has been done relative to the target.

Therefore, Measuring performance relative to planned objectives and standards is part of controlling.

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Which of the following risk-return statements is true? Group of answer choices Higher returns mean greater risk. Liquidity and return move up and down together. Higher risk is associated with higher liquidity. Lower risks are associated with less liquid assets.

Answers

The true statement about the following risk-return option is that a higher returns mean greater risk.

What is a risk return?

As associated with investment risk, its involves the notion that the higher the risk, the higher the return on an investment and vice versa.

Hence, the true statement about the following risk-return option is that a higher returns mean greater risk.

Therefore, the Option A is correct.

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What is a pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors?.

Answers

The pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors is penetration pricing.

What is penetration pricing?

Penetration pricing is a pricing strategy where the sellers of a new product make the price of the good very low with the hopes that it would attract customers to purchase the product.

Penetration pricing increases the market share of the firm but can lead to the firm earning very low levels of profit.

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________ are amounts owed to suppliers for products or services purchased on credit.

Answers

*Accounts payable* are amounts owed to suppliers for products or services purchased on credit

What are 3 ways the natural gas been used in oroduction

Answers

Answer:

The industrial sector uses natural gas as a fuel for process heating, in combined heat and power systems as a raw material to produce chemicals, fertilizer, hydrogen, and plant fuel.



Explanation:

Have a great rest of your day
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An online photo printing company can temporarily lose its e-commerce ubiquity if.

Answers

An online photo printing company can temporarily lose its e-commerce ubiquity if its website crashes as a result of a coding error or an attack by hackers.

What is E-Commerce Ubiquity?

This refers to the ability of a company to give its customers unrestricted access to its products and service at all times.

Hence, we can note that an online photo printing company can temporarily lose its e-commerce ubiquity if the customers are unable to get access to its service as a result of its website crash and customers lose accessibility.

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How long can someone leave their belongings on your property.

Answers

anywhere between a week and a year

1 2 3 4 5 6 7

question #4

multiple choice

new urbanists believe that successful and sustainable communities are those in which people of all races and socioeconomic levels live

more closely together in areas of mixed land-use strategies that incorporate housing, retail, commercial, and administrative buildings in

the same municipal zones. which principle does new urbanism directly contradict?

1. euclidean zoning

2. contract zoning

3. incentive zoning

4. regional planning

Answers

Answer:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

Explanation:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

The report that compares actual performance and budgeted performance based on actual activity level is called a ______ budget performance report.

Answers

Actual budget performance report compares actual performance and budgeted performance based on actual activity level.

What is a budget?

A budget serves as a term that describes how to place our needs on our income, it is a way to balance our expenses and income.

Actual budget performance report gives room to

compares actual performance and budgeted performance based on actual activity level.

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Answer:

Flexible

Explanation:

How many times has an inverted yield curve predicted a recession.

Answers

Answer:

[tex]says 10 - and - 2 \: yield \: curve \: has \: inverted \: 28 \: times [/tex]

A competitive market economy with low barriers to entry affords an entrepreneur with:.

Answers

A competitive market economy with low barriers to entry affords an entrepreneur with

the opportunity to bring new and different products and services to the market.

Shannon's kettle corn is a small refreshment stand located near a
football stadium. its fixed expenses total $400 per week and the variable
cost per bag of popcorn is $0.50.
complete the table on the following page for the various activity levels
for one week. (round your cost per unit values to 2 decimal places.)
500
1,000
1,500
+
number of bags of popcorn
total fixed cost
fixed cost per bag of popcorn
total variable cost
variable cost per bag of popcorn
total cost
total cost per bag of popcorn

Answers

Assuming the variable cost per bag of popcorn is $0.50. The table for the various activity levels for one week is: Total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.

Table for various activity levels

Number of Bags Of Popcorn            500 1000 1500

Total Fixed Costs                              400        400        400

Fixed Cost Per Bag of Popcorn       0.80       0.40      0.27

(400/500=0.80)   (400/1000=0.40)     (400/1500=0.27)  

Total Variable Cost                            250        500       750

($0.50×500=250) (0.50×1,000=$500) (0.50×1,500=$750)

Variable Cost Per Bag of Popcorn   0.50        0.50      0.50  

Total Cost                                           650         950      1150

(400+250=650)  (400+500=950)  (400+750=1150)

Total Cost Per Bag of Popcorn         1.30       0.90     0.77

(0.80+0.50=1.30)  (0.40+0.50=0.90)  (0.27+0.50=0.77)

Inconclusion the total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.

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HELPPPPP I AM STUCK ! Explain how production gives form utility to natural resources.

Answers

Answer:

land has a broad definition as a factor of production and can take many forms from agricultural land to commercial real estate. natural resources such as oil and gold can be extracted and refined for human consumption

cultivation of crops on land increases its value and utility

When deciding whether to sell a product as is or continue to process it, costs incurred to get the product to its current condition ______ relevant to the decision.

Answers

In deciding whether to sell a product or continue to process it, the costs incurred to get the product into its current condition are not relevant to the decision.

What is Cost Price?

This refers to the price at which a good was bought and might include the expenses incurred while procuring the goods.

Hence, we can see that when an owner is trying to decide whether to sell a good or process it, the costs incurred to get the product to its current condition are not relevant while making this decision.

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Which of the following is a term for physical goods that are bought and
sold?

Answers

what are the terms?

What is one disadvantage of using cash?
O A. Cash is inconvenient for large purchases.
O B. Cash purchases have higher interest rates.
C. Cash purchases are tracked by banks.
D. Cash is not accepted in most places.

Answers

Answer:

A. Cash is inconvenient for a large purchase.

Explanation:

It's harder to count

F. What effect does a low unemployment rate have on business? what effect does a high unemployment rate have on business?

Answers

Answer:reduces the productivity of the company as a whole<3

Explanation:

It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole

The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.

What is unemployment rate?

The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.

The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.

Therefore, the unemployment rate is defined as the state of being unemployed.

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in the hvacr trade tubing is joined together by what?

Answers

Answer:

Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.

Relative to the u. S. Constitution, the texas constitution is – and adopts a tone of – governance.

Answers

Answer:

longer ; limited

Explanation:

By drastically reducing inventories, manufacturers can increase the utilization of more floor space. This is an example of a

Answers

Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

What is a Just-inTime inventory system?

A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.

With a Just-in-Time system, inventory arrives as production is scheduled to begin.

The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.

A. a merchandising inventory system.

B. a just-in-time (JIT) inventory system.

C. a finished goods inventory system.

D. determining inventory quantities.

Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

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Negative criticism is generally
a. private
b. public
C. productive
d. practical
Please select the best answer from the choices provided
Ο Α.
OB
ОС
OD

Answers

Answer:

I think it's b. public

Explanation:

Please mark me brainliest if correct

Negative criticism can be either private or public. Private criticism is usually conveyed in a one-on-one conversation while public criticism is often shared openly in a group setting. Thus option (A) and (B) are correct.

What are negative criticism?

The negative criticism is productive or practical depends on how it is delivered and received. The negative criticism that is delivered poorly or without consideration for the recipient's feelings and perspective may not be productive or practical.

Private criticism is usually conveyed in a one-on-one conversation, email, or private message. It may be more constructive as it allows for a more personalized and in-depth discussion of the issues.

Public criticism, on the other hand, is often shared openly in a group setting  and it can be more damaging and less productive if not delivered constructively.

The negative criticism can be either private or public Therefore, option (A) and (B) are correct.

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Which product most likely has a demand that is inelastic?.

Answers

Answer:  utilities, prescription drugs, and tobacco products

Explanation: necessities and medical treatments tend to be inelastic

Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented to you, this is an example of

Answers

Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.

What is aided recall?

Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.

Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.

Inconclusion this is an example of Aided recall.

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