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Which of the following is generally the best choice for consumer borrowing? A. Depository institutions B. Brokerage firms C. Consumer finance companies D. Pawn shops
Weegy: Consumer finance companies are generally the best choice for consumer borrowing. User: Negative credit information is removed from a credit report after how many years? A. 5 years B. 1 year C. 10 years D. 7 years Weegy: Negative credit information is removed from a credit report after 7 years. (More)
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Asked 4/30/2013 4:16:48 PM
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Which of the following is generally the best choice for consumer borrowing? A. Depository institutions B. Brokerage firms C. Consumer finance companies D. Pawn shops
Weegy: Consumer finance companies are generally the best choice for consumer borrowing. User: Which of the following is a good choice for managing debt? A. Spreading debt among several accounts B. Soliciting financial advice from friends C. Juggling bills so that you are always current with some D. Paying credit card balances in full to avoid finance charges Weegy: B. Paying credit card balances in full to avoid finance charges User: What is a benefit of using student loans to finance education? A. No interest charged on the loan until 6 months after graduation B. More favorable interest rates than other consumer loans C. Student loans cannot be defaulted D. No maturity date on the loan Weegy: A. More favorable interest rates than other consumer loans User: When you know you cannot pay your debts, which of the following should you do? A. Sell off assets. B. Pay all past-due bills. C. Find a second job. D. Contact your creditors directly. Weegy: B. Contact your creditors directly User: Which of the following is a sign of credit trouble? A. More credit cards are opened. B. Credit cards are canceled due to poor payment history. C. Spending limits on credit accounts are increased. D. Credit cards are used for big purchases. Weegy: B. Credit cards are canceled due to poor payment history User: What can you do to curtail worrying about money? A. Reduce credit spending. B. Pay off a loan with another loan. C. Use savings to pay bills. D. Increase credit limits. Weegy: Reduce credit spending when worrying about money. (More)
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Asked 4/30/2013 4:07:00 PM
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Which of the following is generally the best choice for consumer borrowing? A. Depository institutions B. Brokerage firms C. Consumer finance companies D. Pawn shops
Weegy: Consumer finance companies are generally the best choice for consumer borrowing. User: How might you correct an error on your credit report? A. Contact a consumer protection agency and file a complaint B. Notify the credit bureau to investigate and correct the information C. Contact the creditor to provide accurate information to the credit bureau D. Report the credit bureau to your state’s financial regulation agency Weegy: B. Notify the credit bureau to investigate and correct the information. They will also likely ask you a series of questions in order to do this. Be sure and follow up that it was indeed removed or resolved in approximately 3 months. User: Bankruptcy records are removed from a credit report after how many years? User: Bankruptcy records are removed from a credit report after how many years? A. 2 years B. 1 year C. 10 years D. 7 years Weegy: C.10 years and D. 7 years A Chapter 7 bankruptcy may display on your credit for 10 years from the date of filing. Chapter 13 may stay for 10 years also, but it is customary for those to be removed after 7 years. [ source: ] (More)
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Asked 4/30/2013 4:13:03 PM
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