Question and answer
The term risk, when applied to borrowers, specifically refers to A. lifestyles. B. the risk that the borrower will not get a loan. C. the risk associated with a major purchase. D. the likelihood that the borrower will not pay the loan.
The term risk, when applied to borrowers, specifically refers to the likelihood that the borrower will not pay the loan.
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Question|Asked by brigreenlee
Asked 11/22/2015 9:29:38 AM
Updated 11/22/2015 11:31:08 AM
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This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [11/22/2015 11:31:08 AM]
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Questions asked by brigreenlee
The presence of which the following on a credit report will indicate high risk to a lender? A. a credit card B. a delinquency C. a credit inquiry D. the debt-to-income ratio
Weegy: The presence of a delinquency on a credit report will indicate high risk to a lender. User: The presence of which the following on a credit report will indicate high risk to a lender? A. a credit card B. a delinquency C. a credit inquiry D. the debt-to-income ratio Weegy: The presence of a delinquency on a credit report will indicate high risk to a lender. (More)
Question|Asked by brigreenlee
Expert Answered
Updated 11/22/2015 11:32:16 AM
0 Answers/Comments
When a depositor takes more money out of a checking account than he or she has in it, the result is called a/an: A. debit B. credit C. deposit D. overdraft
Weegy: When a depositor takes more money out of a checking account than he or she has in it, the result is called: an overdraft. User: All of the following are types of loans EXCEPT: A. bankruptcy loan B. small business loan C. mortgage loan D. automobile loan Weegy: All of the following are types of loans EXCEPT: bankruptcy loan. User: Which of the following statements is true regarding loans and borrowers? A. High-risk borrowers pay lower interest rates. B. Mortgage loans are usually short-term loans. C. Low-risk borrowers pay less for credit. D. All lenders charge about the same interest rate. (More)
Question|Asked by brigreenlee
Expert Answered
Updated 11/22/2015 11:27:01 AM
1 Answer/Comment
Low-risk borrowers pay less for credit. -is true regarding loans and borrowers.
Added 11/22/2015 11:27:01 AM
This answer has been confirmed as correct and helpful.
Which of the following people would be most likely to retire soon? A. a younger worker with an individual retirement account B. a recent college graduate C. an older worker with no investments or savings accounts D. an older worker with large savings and investment accounts
Question|Asked by brigreenlee
Not Answered
Updated 11/22/2015 11:36:37 AM
1 Answer/Comment
An older worker with large savings and investment accounts would be the most likely to retire soon.
Added 11/22/2015 11:36:37 AM
This answer has been confirmed as correct and helpful.
A personal identification number (PIN) is used to protect: A. checks B. deposit slips C. debit cards D. check registers
Weegy: A personal identification number (PIN) is used to protect: debit cards. (More)
Question|Asked by brigreenlee
Expert Answered
Updated 11/22/2015 9:33:39 AM
0 Answers/Comments
Statistical measures of change in an economy are called: A. portfolios B. indices C. exchanges D. stocks
Weegy: Statistical measures of change in an economy are called indices. (More)
Question
Expert Answered
Updated 1/19/2016 1:19:39 AM
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