Which of the following is an indication of credit trouble? A. Paying for major purchases with credit B. Making maximum payments on your bills C. Receiving letters or phone calls from creditors D. Using credit cards instead of cash when travelling

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Asked 10/5/2010 8:33:10 PM

Updated 9/19/2023 12:09:37 AM

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Confirmed by andrewpallarca [4/30/2014 5:06:44 PM], Edited by andrewpallarca [4/30/2014 5:06:44 PM], Edited by andrewpallarca [4/30/2014 5:06:58 PM]

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User: Which of the following is an indication of credit trouble? A. Paying for major purchases with credit B. Making maximum payments on your bills C. Receiving letters or phone calls from creditors D. Using credit cards instead of cash when travelling

Weegy: Receiving letters or phone calls from creditors is an indication of credit trouble is an indication of credit trouble.
Greetings|Points 2383|

User: What does it mean when a loan is in default? A. Balance must be paid off in 12 months B. Balance must be paid off in 6 months C. Terms of the loan agreement are renegotiated D. Failure to meet the terms of a loan agreement

Weegy: When a loan is in default it means terms of the loan agreement are renegotiated.
IfNotSo|Points 4664|

User: When you know you cannot pay your debts, which of the following should you do? A. Find a second job. B. Sell off assets. C. Contact your creditors directly. D. Pay all past-due bills.

Weegy: When you know you cannot pay your debts, you should contact your creditors directly.
Expert answered|chicory|Points 2544|

User: How many years of credit report requests are included on a credit report? A. 7 years B. 2 years C. 5 years D. 1 year

Question

Asked 10/5/2010 8:33:10 PM

Updated 9/19/2023 12:09:37 AM

1 Answer/Comment

This answer has been confirmed as correct and helpful.

Confirmed by andrewpallarca [4/30/2014 5:06:44 PM], Edited by andrewpallarca [4/30/2014 5:06:44 PM], Edited by andrewpallarca [4/30/2014 5:06:58 PM]

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Its_me_Voyd

Two (2) years of credit report requests are included on a credit report.

Added 9/19/2023 12:09:37 AM

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