Question and answer
In regards to credit, what does capacity mean?
In regards to credit, capacity measures a borrower's ability to repay a loan by comparing income against recurring debts and assessing the borrower's debt-to-income (DTI) ratio.
Question
Asked 8/16/2016 8:14:10 AM
Updated 8/16/2016 8:50:16 AM
1 Answer/Comment
Get an answer
New answers
Rating
3
In regards to credit, capacity measures a borrower's ability to repay a loan by comparing income against recurring debts and assessing the borrower's debt-to-income (DTI) ratio.
Added 8/16/2016 8:50:16 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is true about preferred stocks?
Weegy: Preferred stock is a type of stock which may have any combination of features not possessed by common stock including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. (More)
Question
Updated 8/16/2016 7:48:57 AM
0 Answers/Comments
If you are trying to establish credit history, what is a good place to start?
Question|Asked by demonrider1999
Not Answered
Updated 289 days ago|12/13/2019 10:26:29 AM
1 Answer/Comment
If you are trying to establish credit history, Gasoline or department store credit card is a good place to start.
Added 289 days ago|12/13/2019 10:26:29 AM
This answer has been confirmed as correct and helpful.
Lenders always accept applications for credit. TRUE or FALSE.
Weegy: Lenders always accept applications for credit. False. (More)
Question|Asked by demonrider1999
Expert Answered
Updated 8/16/2016 10:26:38 AM
0 Answers/Comments
What is a disadvantage of using credit?
Weegy: dis ad van tage (dsd-vntj) n. 1. An unfavorable condition or circumstance. 2. Something that places one in an unfavorable condition or circumstance. 3. Damage or loss, especially to reputation or finances; detriment. tr.v. [ dis ad van taged, dis ad van tag ing, dis ad van tag es To put at a disadvantage; hinder or harm. ] User: The assets that you currently own are known as which of the following? (More)
Question|Asked by demonrider1999
Not Answered
Updated 9/6/2019 12:07:44 AM
2 Answers/Comments
The assets that you currently own are known as CAPITAL.
Added 9/6/2019 12:06:41 AM
This answer has been confirmed as correct and helpful.
The use of credit can lead to overspending is a disadvantage of using credit.
Added 9/6/2019 12:07:44 AM
This answer has been confirmed as correct and helpful.
Before giving you a loan or credit, lending institutions may want to know more about you to help determine whether you are a good person to give a loan or credit to
Weegy: Before giving you a loan or credit, lending institutions may want to know more about you to help determine whether you are a good person to give a loan or credit: CHARACTER in 5 C's of Credit (More)
Question|Asked by demonrider1999
Expert Answered
Updated 8/16/2016 10:35:05 AM
0 Answers/Comments
32,276,858
questions answered
Popular Conversations
Egyptians used the Nile to __________ ...
9/21/2020 8:47:35 PM| 5 Answers
I didn’t do my homework; consequently, I did not get credit for the ...
Weegy: The movie was really bad; therefore, many people left early.
9/25/2020 7:18:53 PM| 3 Answers
The effort made by the mother's body to move the baby from the uterus ...
Weegy: The effort made by the mother's body to move the baby from the uterus and through the birth canal is called ...
9/23/2020 1:16:59 PM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
R
P
R
L
P
P
C
R
P
R
L
P
R
P
R
Points 1568 [Total 15323] Ratings 7 Comments 1478 Invitations 2 Offline
S
L
Points 1562 [Total 1931] Ratings 0 Comments 1562 Invitations 0 Offline
S
L
P
L
P
P
Points 1561 [Total 9661] Ratings 0 Comments 1561 Invitations 0 Online
S
L
P
1
L
Points 1202 [Total 5485] Ratings 10 Comments 1102 Invitations 0 Online
S
L
L
1
Points 691 [Total 6607] Ratings 6 Comments 631 Invitations 0 Offline
S
L
P
P
P
1
P
L
Points 637 [Total 8088] Ratings 15 Comments 487 Invitations 0 Offline
S
L
Points 451 [Total 482] Ratings 0 Comments 1 Invitations 45 Offline
S
L
1
Points 296 [Total 4300] Ratings 10 Comments 196 Invitations 0 Offline
S
L
Points 291 [Total 2825] Ratings 3 Comments 261 Invitations 0 Offline
S
L
Points 229 [Total 314] Ratings 1 Comments 219 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.