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The process of creating a detailed plan to meet your financial needs and prepare for the future is called
Weegy: financial planning or more specifically personal financial planning. User: Which of the following is not one of the five major steps of the financial planning process? User: 1. Which of the following is not one of the five major steps of the financial planning process? a. Analyze your current finances. b. Establish and implement your plan. c. Collect and organize your financial information. d. Reevaluate and revise your plan as needed. Weegy: d User: 1. Which phase in life is commonly associated with focus on marriage, family, purchasing a home, and career development? a. Teenage years b. Between your 50s and 60s c. Late 20s through your 40s d. During retirement Weegy: C. late 20's through your 40's User: 1. Which of the following are some benefits of having a college degree that can affect your financial planning? a. The potential to make a higher salary b. Jobs with retirement plans and benefits c. The ability to receive promotions and wage increases d. All of the above Weegy: D. All of the above as all of these given factors contribute to financial capacities and planning (More)
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Expert Answered
Asked 2/4/2012 9:56:40 PM
0 Answers/Comments
• Capacity • Capital • Collateral • Character • Conditions Your household cash flow helps to determine this
Weegy: b. capital, User: Under these __________, you may still be approved with a cosigner Weegy: Do you have choices? (More)
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Updated 2/4/2012 10:41:11 PM
1 Answer/Comment
Your household cash flow helps to determine capacity.
Under these conditions, you may still be approved with a cosigner.

Added 2/4/2012 10:41:11 PM
• Capacity • Capital • Collateral • Character • Conditions This makes you a better credit risk to the lender
Weegy: A. capacity User: Lenders will evaluate your debt-payment ratio. Weegy: d.conditions User: The lender is taking your unique situation under consideration. Weegy: e.character User: Previous credit history Weegy: and previous employers. 2. Your credit history: Your credit report includes your history [ ] User: Previous credit history Weegy: Previous credit history User: Capacity • Capital • Collateral • Character • Conditions Weegy: D.) Character (More)
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Updated 2/4/2012 10:39:47 PM
1 Answer/Comment
Collateral makes you a better risk to the lender.
Lenders will evaluate your debt-payment ratio - capacity.
The lender is taking your unique situation under consideration - conditions.
Previous credit history - Character.


Added 2/4/2012 10:39:47 PM
Capacity • Capital • Collateral • Character • Conditions Previous credit history
Weegy: The 5 C's of credit. Do you have a question? User: • Capacity • Capital • Collateral • Character • Conditions Previous credit history Weegy: Capital User: This shows how long you have worked for your employer and if you have obtained an education. Weegy: Character User: Having more at stake may make you less likely to default on a loan. User: • Capacity • Capital • Collateral • Character • Conditions Having more at stake may make you less likely to default on a loan. Weegy: This is collateral. (More)
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Updated 2/4/2012 11:12:57 PM
1 Answer/Comment
Character – Character refers to the borrower’s previous credit history.
Added 2/4/2012 11:12:57 PM
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