Your FICO score:


a) Does not depend on your payment history
b) Is better if you have not held credit accounts for very long
c) Depends most on the amounts you owe and your payment history
d) Depends most on new account information

Answers

Answer 1

Answer:

c) Depends most on the amounts you owe and your payment history.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

FICO is an acronym for Fair Isaac Corporation, they create an accurate and reliable credit score of customers for use by lenders.

Basically, your FICO depends most on the amounts you owe and your payment history.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

Hence, lenders look at the credit score of a loan applicant in order to ensure that the applicant is financially responsible and would be able to repay the loan at the agreed upon date.


Related Questions

Please help!!


Dissatisfied customers may occasionally post harsh criticism of a product or service on a company's social media site. Social media experts say that not every comment on the Web merits a response. Concisely describe the circumstances that merit a professional response to an online post. Then describe the guidelines you should follow when composing to customers online.

Answers

Incomplete question. Answered from a general perspective.

Explanation:

The following two circumstances may warrant a professional response to an online post:

when the comment constitutes misleading/false information about the company.the comment indicates a sincerely confused customer wanting to solve an issue or get answers to their query.

Guidelines:

Maintain formality in replyBe polite in replyExpress appreciation for the feedback.Apologize where necessary.Reinstill trust.

Helen is a part of a formal group made up of interdependent individuals responsible for
achieving company goals. This is known as an)

Answers

Answer:

work team

Explanation:

From the question, we are informed about Helen who was a part of a formal group made up of interdependent individuals responsible for achieving company goals. In this case , This is known as an work team.Work teams are regarded as groups of employees which put hands together in order to accomplish some tasks. They are usually efficient when different skills are needed to complete some task.

as
Enrico waited ten years to file a cause of action against Frederico for a breach of contract claim. Frederico can use
his defense.
O insanity
O necessity
Statute of Limitations
O ignorance of the law

Answers

Answer:

Statue of limitations

Explanation:

Which of the following is an example of a civil engineer demonstrating problem sensitivity? (Select all that apply.)
1 Anne notices that the construction company isn't properly following the specified layout for emergency exits.
2 Lewis resolved the conflict between the construction company and the client with his usual tact and diplomacy Nick had to leave his last firm because he felt the environment there was too hostile and he couldn't deal with it.
3 Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow construction to a halt​

Answers

Answer:

1. Anne notices that the construction company isn't properly following the specified layout for emergency exits

3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt

Explanation:

Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing. In this case, the civil engineer demonstrating problem sensitivity include:

1. Anne notices that the construction company isn't properly following the specified layout for emergency exits

3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt .

In both cases, they detected what was wrong and could hinder what they were doing or can cause a problem later.

Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing.

Test II. Mag-kompyut tayo.
1. Kompyutin ang Quantity Demanded gamit ang Demand Function na Qd -50-2(P) Ilapat ang mga datos al
kompletuhin ang Demand Schedule. Ipakita ang solusyon. (10 points)
Quantity
Presyo
Demanded
7
9
11
13
15​

Answers

Sagot:

36; 32; 28; 24; 20

Paliwanag:

Mula sa tanong:

Ang dami na hinihiling ay maaaring makuha gamit ang pagpapaandar:

Qd = 50 - 2p

Kung saan; Qd = Dami ng Hinihingi;

p = presyo

Para sa p = 7

Qd = 50 - 2 (7) = 50 - 14 = 36

Para sa p = 9

Qd = 50 - 2 (9) = 50 - 18 = 32

Para sa p = 11

Qd = 50 - 2 (11) = 50 - 22 = 28

Para sa p = 13

Qd = 50 - 2 (13) = 50 - 26 = 24

Para sa p = 15

Qd = 50 - 2 (15) = 50 - 30 = 20

DUE TODAY PLZ HELP

Consumer research should include information about the general habits of travelers.


True

False

Answers

The answer is true
Hope this helps
The answer would be true. I guess it would be important to know about travel habits if you’re doing a consumer research

Employees of a hotel are short-staffed in the kitchen during a banquet event. The food will not be served on time, therefore throwing off the schedule for the entire event. Create a solution that incorporates teamwork.

Answers

all of them could work together by saving time helping each other cooking and serving food

1. When identifying the factors of production, the term ______
may also be used to refer to
labor

Answers

Work? I’m not sure though

Next Managing Files and Directories: Mastery Test 2 Select the correct answer from each drop-down menu. How will you identify a file type on your computer? that A file type is the standard used to determine which program to use to and Information in a computer. All file types have unique cular file and to access its data. create data Reset Next code data store data​

Answers

Complete Question:

How will you identify a file type on your computer? A file type is the standard used to (A. create data B. code data C. store data) and information in a computer. All file types have unique( A. names B. codes C. file extenstion) that determine which program to use to open a particular file and to access its data.

Answer:

1) C. store data.

2) C. file extenstion.

Explanation:

A file type is the standard used to store data. All file types have unique file extension that determine which program to use to open a particular file and to access its data.

Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Jose monthly net pay?

Answers

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

Which factor of production controls and gives direction processes?
____,a factor of production,controls and gives direction to processes.

Answers

Answer:  Labor

Explanation: I just took the test . ( for PLATO users )

Answer:

Labor

Explanation:

The correct option is - Labor

Reason -

There are 4 factors of production -

Land, Labor, Capital and entrepreneurship.

So,

The best suitable answer is Labor.

Which of the following management orientations holds that each country in a global marketplace is unique?

A. Ethnocentric orientation

B. Polycentric orientation

C. Regiocentric orientation

D. Geocentric orientation

Answers

The answer Is B! Good luck

To what extent would a business be more successful in a monopoly market structure?

Answers

Answer: Monopolies use patents, mergers, and acquisitions to obtain industry dominance and ... prices can become significantly higher than in a competitive market. ... are back under the AT&T umbrella, the breakup is still considered a great success. ... using mobile technology to disrupt the cost structures of the telecom companies.

economic problem you face as an individual​

Answers

Answer:

I'm spending WAY too much money on my favorite snack which are purple Doritos. / The Dorito company is having a huge shortage of my favorite snack which are the purple Doritos and I don't know what to do!

Explanation:

Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.

Hope this helps.

Answer:

The imbalance between production, distribution and consumption generates various phenomena that affect the economy; some of them are unemployment, shortages, overproduction, devaluation, inflation, indebtedness and damage to the environment.

Explanation:

stephanie has been driving for 4 years without any major auto accidents until today

Answers

That is amazing, hope she continues this amazing record.

A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the day are thrown away, and the bakery restocks the next day with new cakes, bringing the in-stock level up to five at the beginning of each day. If daily demand is greater than the five cakes in stock the bakery loses sales. The special cake sells for $32 and costs the store $10. The probability distribution of daily demand for the cake is as shown below daily demand - 0, 1,2,3,4,5,6,7 Px - 0.01, 0.02, 0.04, 0.06, 0.20, 0.60, 0.05, 0.02

Answers

Answer:

The answer is "$1.98".

Explanation:

calculating the profit per cake [tex]= \$32 -\$10 =\$22[/tex]

[tex]\text{if demand}=6 , \ lose =\$22 \\\\\text{if demand}= 7,\ lose = \$44\\[/tex]

Calculating E(profit lost):

[tex]=\$22 \times 0.05+ \$44 \times 0.02\\\\ =\$ 1.1+\$ 8.8\\\\=\$ 1.98[/tex]

According to the video, Industrial Production Managers need which qualities? Check all that apply.

willingness to travel frequently
ability to lift heavy objects
ambition to own a company
ability to handle stress
desire for responsibility
relationships with news media

Answers

Answer: ability to handle stress

desire for responsibility

Explanation:

Industrial production managers are the individuals who oversee the daily operations of the plants in an organization.

They are responsible for the coordination, and the planning of the activities that are used in the creation of different goods.

According to the video, the qualities needed by Industrial Production Managers include the ability to handle stress and the desire for responsibility.

Answer: It is D and E

b. Write five importance of budget.?​

Answers

Answer:

Hello!!

Explanation:

1. Budgeting Helps You Control Your Spending

2. Budgeting Keeps You On Track For Your Financial Goals

3. Budgeting Can Help Your Marriage

4. Budgeting Helps You Find Financial Contentment

5.  Budgeting Keeps You From Feeling Financially Overwhelmed

Using tools, operating vehicles, and repairing equipment all involve working with _____.


people

data

things

none of the above

Answers

Answer:

things.

Explanation:

Using tools, operating vehicles, and repairing equipment all involve working with things.

Things is the answer I think

5. Describe at least two methods you would use to identify job opportunities if you were
looking for a job. Explain why you would use these methods for job seeking. (1-2
sentences. 3.0 points)

Answers

Explanation:

job analysis media advatirsment

Answer:

Looking on social media platforms for companies that are hiring, (social media marketing), and brining resumes into employers (resume advertising)

Explanation:

Introduction to business!

The best time to begin a self improvement plan is when ______.
a. You are going to be fired from your job
b. You have been reprimanded by your boss
c. You have disappointed your friends
d. You think you need to improve to meet a career goal

Answers

Answer:

D. when you think you need to improve to meet a career goal

Explanation:

Answer:

DDDDDDDDD

Explanation:

Which of the following is a way the government encourages employees to save for retirement?

Contribution matching
Opt in or opt out
Lower interest
Tax incentives

Answers

Answer:

Tax incentives.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

A tax incentive can be defined as benefits such as deductions, exclusions or exemptions given by the government to individuals or businesses so as to motivate them to save or spend money by reducing their tax rates i.e the amount of money to be paid as tax.

This ultimately implies that, tax incentives is a way the government encourages employees to save for retirement.

Which of the following is a tangible incentive for good team performance?

A. an early lunch

B. a gift card to a local restaurant

C. a day off

D. verbal praise

Answers

Answer:

Option A an early lunch is your answer ☺️☺️

4. Business has fallen off greatly at your upscale restaurant because of the economic crisis. List four things you can do to win back the loyalty of your past customers.

Answers

Answer: - Find out why they didn't come back; Work on feedback; Be Creative; Maintain a good customer relationship

Explanation:

Handling businesses is a great task for any business owner or entrepreneur. When the sales no longer cone in as they do, many owners tend to quit and move on to something else, here are four ways or things owners can do to regain their loyal customers;

- Find out why they didn't come back; this can be done by carrying out a questionnaire, and sending them to the customer's.

- Work on feedback; when they respond to the questionnaire, it's time to work on what they complain about.

- Be Creative; whatever their feedback would be it'll be advisable to employ creativity to what you've been doing and do them better.

- Maintain a good customer relationship; this helps you be in the same phase with your customers.

Aziz is hired as a Nanny even though he doesn't have any experience with it yet. Martina is a Mental Health Counselor who works 40 hours per week. Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works. Noa is a Customer Service Representative who gets health insurance from her employer.

Answers

Answer:

its an entry level job

Explanation:

edge 2022

The selection of the type of job that each best example demonstrates is as follows:

1. Aziz is hired as a Nanny even though he doesn't have any experience with it yet is A) Entry-level.

2. Martina is a Mental Health Counselor who works 40 hours per week.  This is an example of D) a Full-time job.

3. Ethan is a Healthcare Social Worker who is paid the same amount every week no matter how many hours he works is an example of B) Salaried Job.

4. Noa is a Customer Service Representative who gets health insurance from her employer is an example of C) Job with Benefits.

What are the different types of jobs?

The different types of jobs may be classified into four, depending on the job specifications (skills and experience) required.

ThinkersBuildersImproversProducers.

Question Completion with Answer Options:

Select the type of job best demonstrated in each example.

A) Entry-level

B) Salaried Job

C) Job with Benefits

D) Full-time job

Learn more about the types of jobs at https://brainly.com/question/9258868

Mamel expects his research and development team to use creative thinking and develop new
ideas. Creating an environment where this is encouraged shows a high degree of value for
O team orientation
O aggressiveness
Ostability
innovation and risk taking

Answers

Answer:

innovation and risk taking

Explanation:

Mamal being a research expert develops a plant to give his team more exposure by allowing them to take risks and thick out of the box in an innovative manner and hence tries to develop creative thinking in his teammates. This leads to innovativeness and encourages higher thinking. Thereby leading to the development and growth of the organization and is able to meet its research objectives.

If you know the answer plz help me out

Answers

Answer:

o Location

Explanation:

o Location

What are net benefits?

Answers

Net Benefits are determined by summing all benefits and subtracting the sum of all costs of a project.

If the Mayo Clinic wants better integrate technology to improve its customer care, what type of group or team should it implemented

Answers

Answer: cross functional team.

Explanation:

For Mayo Clinic to better integrate technology in order to improve its customer care, a cross functional team should be implemented.

A cross-functional team simply refers to a group of people that possess functional expertise which are quite different but are working toward thesame goal. It is usually made up of every workers in the departments of an organization working towards the achivement of organization goals.

Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.

Answers

Answer:

FALSE

Explanation:

THIS IS THE COMPLETE QUESTION

Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"

Random Variation can be regarded as

tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.

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