How is an excellent credit rating different from a fair credit rating? Why is having an excellent

Question:

How is an excellent credit rating different from a fair credit rating? Why is having an excellent credit rating so important?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

See More Books

Question Posted: Jun 12, 2024 10:11 AM

See More Questions

Chapter 7:7.2 #2 (p. 168) Chapter 8:8.2 #3 (p. 205) Chapter 9:9.2 #1 (p. 225) a., b., and c. (for c., only answer the adjustable rate mortgage part Chapter 7 from Personal Finance was adapted by The...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Please help with the discussion below: ** Each of the 3 questions below only need to beabout two-threepara graphs but packed full of information, no fluff. **Attached below are a few readings from...
Uniform rod AB of length l and mass m lies in a vertical plane and is acted upon by a couple M. The ends of the rod are connected to small rollers which rest against frictionless surfaces. (a)...
A jewellery store paid $36.40 for a watch. Store expenses are 24% of regular selling price and the normal net profit is 20% of regular selling price. During a Special Bargain Day Sale, the watch was...
What important marketing activities fall under the heading of promotions?
Several years ago Absalom, Inc., sold $800,000 in bonds to the public. Annual cash interest of 8 percent ($64,000) was to be paid on this debt. The bonds were issued at a discount to yield 10...
Digital Software Inc., has two product lines. The income statement for the year ended December 31 shows the following: The products, Num 1 and Num 2, are sold in two territories, North and South, as...
Piedmont Company segments its business into two regionsNorth and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin...
Do you think it is fair that young consumers must now either have a job or have a cosigner to get credit? Explain your answer.
Explain the purpose of credit scores and credit ratings. Who uses them and why?
Why are cost accounting systems critically important to managers?
Absorption linewidth for an absorbing atomic transition. Consider the curves of power transmission T(w) = exp[-2am(w)L] through an atomic medium with a lorentzian resonant transition, plotted versus...
EXAMPLE 05.04 Z Write the force and the couple in the vector form (with rectangular/Cartesian components). Use C = 180 N-m and P = 500 N O INDIVIDUAL Submission (IS12) D x 400 mm B C 300 mm A 400 mm...
1.XYZ Corporation budgets factory overhead cost of P500,000 for the coming year. Compute for the overhead cost applied to the job. The following data are available: Budgeted annual overhead for...
OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. Activity Materials Assembling Packaging Est. Indirect Activity Costs $65,000 $242,000 $90,000...
3. Solve Example 3.7 (Bergman, Lavine, Incropera, and DeWitt, 6th Ed., pp. 129-132, or 7th Ed., pp. 145-149, or 8th Ed., pp. 134-138), but use the finite difference method. T T = 30C Insulation-...
Mr. Wise is retiring in 25 years. He would like to accumulate $1,000,000 for his retirement fund by then. He plans make equal monthly payments to achieve his goal. If the rate of return on the...
The Ferris wheel in the figure has a radius of 68 feet. The clearance between the wheel and the ground is 14 feet. The rectangular coordinate system shown has its origin on the ground directly below...
September 23 for $1,050 each. On December 24 , it sold one of the diamonds that was purchased on July 9 . Using the specific identification method, its ending inventory (after the December 24 sale)...
Madsen Motors's bonds have 13 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 10%. What is the...
Builder Products, Incorporated, uses the weighted - average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion....

How is an excellent credit rating different from a fair credit rating? Why is having an excellent

Question:

Step by Step Answer:

Managing Your Personal Finances

Students also viewed these Business questions