Before taking out a loan, you should ask yourself whether you can meet all of your essential expenses and still afford the monthly loan payments. This can be determined by Misplaying your take-home pay by 50% and subtracting your current loan Payments. Adding up basic monthly expenses and subtracting this total from take-home pay. plus, figuring out what to give up to make the monthly loan payment. Adding up basic monthly expenses then adding this total to take-home pay. Asking what you plan lo purchase with the loan None of the above If you miss payments on a home equity loan, you can lose your - House. Furnishings. Savings account. Retirement account. Car. loan officer is examining whether or not to offer you a loan today. Specifically, she is examining your income and debts. Which of the five C_s of credit is the loan officer reviewing? Character Capacity Capital Collateral Conditions FICO scores generally range from 200 to 700. 450 to 650. 100 to 1000. 350 to 850. 500 to 1000. If you are denied credit, you have a legal right to sue the credit bureau. Your parent can purchase a copy of your credit report You are entitled to a free copy of your credit report. The denial will remain in your credit file for 10 years You have a legal right to sue the company that denied you credit