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An account with a financial institution used to pay taxes and insurance is _____. an ARM a balloon loan an escrow account PMI
Weegy: An account with a financial institution used to pay taxes and insurance is an escrow account User: A small-business loan is used to pay for the costs associated with starting your own company. True 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. [ ] User: Natalie makes $2,000 per month. She spends $100 on credit card payments and $250 on an auto loan. What is her debt-to-income ratio? 17.5 percent 22 percent 2.7 percent 32.5 percent Weegy: [(100+250)/2000]*100=17.5 Her debt-to-income ratio is 17.5% User: The safest and most popular type of mortgage loan has a fixed rate and is called a _____. balloon loan ARM traditional loan VA loan Weegy: The safest and most popular type of mortgage loan has a fixed rate and is called a ARM, User: Carrie is single and feels that she will not be approved for a loan for this reason. Which law protects Carrie? Equal Credit Opportunity Act The Fair Credit Reporting Act The Truth in Lending Act The Fair Credit Billing Act Weegy: The Equal Credit Opportunity Act protects Carrie, since creditors cannot reject her application due to her marital status. User: A number that lenders look at to see if an individual is creditworthy is a _____. credit report credit score spending report credit history User: There are differences between leasing and buying a car. When you _____, you own the car when you finish paying. purchase a car with a car loan lease a car User: To obtain your credit report, you should _____. write to the credit bureau complete a lengthy form at the bank and give it to a customer service representative visit the official Web site, complete the fields, and click "continue" call a credit card company Weegy: To obtain your credit report, you should write to the credit bureau. (More)
Question
Expert Answered
Asked 3/19/2013 6:35:13 AM
0 Answers/Comments
Fees associated with buying and finalizing your loan are known as _____. escrow finalizing fees PMI closing costs User: how to calculate mortgage paymet
Weegy: Use a Spreadsheet to Calculate Mortgage Payments If you really want to analyze the nuts and bolts of a loan, you can use a spreadsheet such as Microsoft Excel. [ If you’re an Excel whiz, you can set up a spreadsheet that allows you to change the inputs and calculate mortgage payments under several "what-if" scenarios. Excel Mortgage Calculation Tips Calculate Mortgage Payments Manually If you are good with numbers and just want to do it the old fashioned way, you can do so. I’d suggest skipping this method and using a calculator or computer, but if you love to crunch numbers you can find the formulas below: Loan Formulas Other Important Numbers After you calculate mortgage payments, you should understand some other important numbers. These numbers affect whether or not you’ll get a loan, and how good the terms will be. Lenders may have minimum requirements for you to qualify for a mortgage. ] (More)
Question
Expert Answered
Asked 3/19/2013 6:45:05 AM
0 Answers/Comments
What is the equation of a line, in general form, that passes through point (1, -2) and has a slope of 1/3.
Weegy: y=1/3x-7/3 (More)
Question
Updated 12/24/2014 10:10:07 PM
1 Answer/Comment
The equation of a line, in general form, that passes through point (1, -2) and has a slope of 1/3 is x - 3y - 7 = 0
Added 12/24/2014 10:10:07 PM
This answer has been added to the Weegy Knowledgebase
At the age of seventeen, Joan of Arc became a French hero during the _____. Thirty Years War Hundred Years War French Revolution
Weegy: At the age of seventeen, Joan of Arc became a French hero during the Hundred Years War. (More)
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Updated 4/12/2014 12:11:59 PM
0 Answers/Comments
In _______, contagious diseases had a profound impact on the Aborigines. A.Australia, B. New Zealand, C. Papua New Guinea.
Weegy: In AUSTRALIA, contagious diseases had a profound impact on the Aborigines. (More)
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Updated 5/27/2015 6:36:10 AM
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