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Q: Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt..... True or False
A: It's true, [ Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt. ***Bankruptcy offers an individual or business a chance to start fresh by forgiving debts that simply can't be paid while offering creditors a chance to obtain some measure of repayment based on what assets are available. ]
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User: Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt..... True or False

Weegy: It's true, [ Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt. ***Bankruptcy offers an individual or business a chance to start fresh by forgiving debts that simply can't be paid while offering creditors a chance to obtain some measure of repayment based on what assets are available. ]
emdjay23|Points 1598|

User: A small-business loan is used to pay for the costs associated with starting your own company........ True or False

Weegy: A loan that requires a high credit score and is used for many different things, such as medical expenses, a vacation, or to pay off a credit card, is a personal loan. [ ]
jshafer|Points 140|

User: the periodic rate is?

User: The periodic rate is _____..... A.)an interest rate that changes over the term of the loan. B.)the interest rate you are charged for one payment period. C.)the APR multiplied by twelve. D.)the amount of time you have to pay your loan.

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Asked 6/10/2013 10:16:51 AM
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